Saudi Arabia’s Liquids Displacement Program (LDP) is starting to have an effect on international commerce flows. For years, Saudi oil burn was on a gradual upwards trajectory as a rising inhabitants drove robust electrical energy demand and home fuel manufacturing development was unable to maintain up. Oil burn in the end peaked at 1.1mn b/d over 2022-2024 earlier than focused investments in fuel and renewables lastly put it in reverse.
Oil burn fell by round 100,000 b/d in 2025, with the most recent Jodi information to November implying that it may have fallen beneath 1mn b/d on an annual foundation for the primary time since 2019. A lot of the exterior focus is on the influence on crude oil availability, however the LDP can be aimed toward decreasing gasoline oil burn. Certainly, Saudi gasoline oil consumption fell by way more than crude burn final yr (MEES, 23 January). (CONTINUED – 1004 WORDS)
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