This is a list of countries by net oil exports based on The World Factbook and other sources. " Net export" refers to the export minus the import. Note that the net export is approximate, since the import and export data are generally not for same year (though year-to-year changes are generally small). Oil is the leading exported product in the world, as of 2018, accounting for 5.9% of all exported products. Saudi Arabia leads the list, responsible for 16.1% of global oil exports in 2018, for a Iran used to be India’s second-biggest oil supplier, a position it ceded to Iraq after tough Western sanctions over its nuclear development programme limited Tehran's exports and access to

11 Nov 2019 Chancellor Sajid Javid tweeted: “Great to see solid Q3 growth - another welcome sign fundamentals of UK economy are strong. “Biggest risk to  11 Nov 2019 UK dodges recession but momentum seeps out of economy in August It didn't hurt that the UK saw growth of 0.3pc in Q3 – below the 0.4pc  11 Sep 2019 There was a worry that Britain might enter recession on the eve of Brexit - this looks unlikely. The June GDP figures showed no growth at all; 

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Oil Price (Brent Crude and WTI). The price of oil is the most important value on international commodity markets since crude oil is the most important commodity. BBC World Service economics correspondent The price of oil has risen again amid hopes that governments and central banks will Brent crude is up 2.6% today at $53.25 a barrel while US WTI crude is more than 3% "Oil prices recovered, in part, last week's lost ground on the back of a general relief rally on markets,  2 days ago Growing concerns over the Covid-19 outbreak roiled global crude oil markets on Monday, with Brent prices crashing by as much as 10%.

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