Petroleum was discovered on 3 March 1938 and followed up by several other finds in the Eastern Province. Saudi Arabia has since become the world's second largest oil producer (behind the US) and the world's largest oil exporter, controlling the world's second largest oil reserves and the sixth largest gas reserves.
Petroleum was discovered on 3 March 1938 and followed up by several other fin:ds in the Eastern Province. Saudi Arabia has s.ince become the world's second largest oil producer (behind the US) and the world's largest oil exporter, co?ntrolling the world's second largest oil reserves and the sixth largest ga?s reserves.