What do most of the oil - producing countries do with money received for oil?

Most oil-producing countries invest the revenue from oil sales into various sectors to stimulate economic growth, including infrastructure development, education, and healthcare. Additionally, they often allocate funds to sovereign wealth funds to ensure long-term financial stability and diversify their economies away from oil dependency. Some countries also use oil revenue to subsidize domestic energy prices or provide social programs for their citizens. However, the specific allocation can vary significantly based on the country's economic policies and governance.