ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In Saudi Arabia, the government still controls most of what?
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food
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oil
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clothes
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furniture
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Explanation:
Detailed explanation-1: -Saudi Arabia holds 15% of the world’s proved oil reserves. It is the largest exporter of crude oil in the world2 and maintains the world’s largest crude oil production capacity at nearly 12 million barrels per day, including capacity from the Neutral Zone that is shared with Kuwait.
Detailed explanation-2: -We produce five different grades of crude oil. These are: Arabian Heavy, Arabian Medium, Arabian Light, Arabian Extra Light, and Arabian Super Light.
Detailed explanation-3: -The Ghawar oilfield, located about 100km southwest of Dhahran in the Al Hasa Province of Saudi Arabia, is the world’s biggest conventional oil field both by oil reserves and production.
There is 1 question to complete.