Oil exports refer to the sale and transportation of crude oil and refined petroleum products from one country to another. Countries rich in oil resources, such as Saudi Arabia and Russia, often export large quantities to meet global demand. These exports play a crucial role in the economies of oil-producing nations, generating revenue and creating jobs. The global oil market is influenced by various factors, including OPEC decisions, geopolitical events, and changes in consumer demand. Oil-exporting countries must navigate these dynamics to maintain their market share and ensure stable prices for their products.