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In the short run, all oil exporting countries including Saudi Arabia are affected by the low oil prices. But Saudi Arabia benefits in the long run with estimated currency reserves of about $700 billion, allowing it to bear current low oil prices for a few more years. Low oil prices also give Saudi Arabia political power over other oil exporting countries that are its political rivals. For example, Saudi Arabia clashed with Russia and Iran over the Syrian conflict when the latter kept supporting Bashar al-Assad's regime against Saudi Arabia and its western coalition.
Otherwise, Saudi Arabia would send more oil the shorter distance to Asia, while West Africa would send more oil the shorter distance to the Americas. Gulf (of Mexico) refineries are said to have invested in capability to process heavy and/or high-sulfur oil. The 0.9 Mbbl/day each from Saudi and Venezuela are largely heavy oil. However increased US light oil production is not only displacing African light crudes from the East Coast, but also reducing the need to crack heavy crudes.