Regarding oil exports from Arab countries
A lot of East Arab countries are among the largest oil-producing countries consume a relatively small amount of oil and have therefore significant oil export potential (implemented by most of these countries. Arab countries (including oil producers) do not only export but also import of liquid fuel in recent years, annually in the amount of 20 - 25 million tons of oil and 55 - 100 million tons of petroleum products, mostly from nearby Arabian States. A significant drop in world prices for liquid fuel that occurred during the second half of 2014, could not but provide an overall positive effect on the economic development of the Arab net importers of fuel.