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At the start of the pandemic, oil prices decreased to below $20 a barrel in April after Saudi Arabia entered an oil price war. While a truce among the world's top oil producers has pushed the price of oil up to $40 a barrel, this figure is still almost half the price of oil per barrel at the start of 2020.
Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia.Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia, the largest in the Middle East, and the 12th-largest in the world. [15]
More than 42 million COVID-19 vaccine doses have been administered in Saudi Arabia until the end of September 2021, with more than 53 percent of the country's 34.8 million population completing the course. [75] The number of COVID-19 doses administered in Saudi Arabia until the end of January 2022 increased to more than 57 million doses. [76]