2011-12-20 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: According to official Saudi figures, crude oil consumption in the kingdom rose 13.7% in October from the previous month, reaching the highest level since at least 2002, Bloomberg has reported. The country used an average of 2.02 million barrels a day of oil in October compared with 1.78 million barrels in September, according to figures the Saudi government submitted to the Joint Organisation Data Initiative. Saudi Arabia faces greater domestic demand amid a 3.2% annual increase in its population. Domestic electricity demand is rising by about 10% a year, or twice the economic growth rate, according to a July report by HSBC Holdings.  

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