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Saudi Aramco needs cash with oil prices at a 17-year low — and now it may reportedly sell a piece of its pipeline unit

Aramco is looking to raise capital ahead of $75 billion in dividend payments through 2020 and a planned $70 billion acquisition, Bloomberg reported.

Oil slips after Saudi Arabia and UAE say they will increase output, escalating the global price war

"Oil's supply-demand dynamics still point to a bias for weakness," Han Tan, an analyst at FXTM, told Markets Insider.

Energy stocks absorb 17% single-day plunge, hitting lowest level since 2004

An oil-price war over the weekend sent the commodity tumbling and sparked an energy sector sell-off amid broader market panic about coronavirus.

The Saudi crown prince has reportedly detained 3 royal family members for unknown reasons. Meet 34-year-old Mohammed bin Salman, who’s at the ce...

The controversial 34-year-old heir will ascend to the Saudi throne after the death of his father, 84-year-old King Salman bin Abdulaziz Al Saud.

Alphabet’s soaring stock just pushed it above a $1 trillion market cap. Here are the 11 highest-valued public companies.

The list of highest-valued firms remains tech-heavy, though oil behemoth Saudi Aramco maintains the world's highest market cap at $1.84 trillion.
FILE PHOTO: Amin H. Nasser, President and CEO of Aramco, attends the official ceremony marking the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh

Saudi Aramco upsizes its record-shattering IPO by $3.8 billion

Aramco set aside 450 million shares for investors as it gauged early demand, and Goldman Sachs released proceeds from the allotment over the weekend.
FILE PHOTO: Sign of Saudi Aramco's IPO is seen during a news conference by the state oil company in Dhahran

Saudi Aramco has seen $200 billion of market value erased since its record-shattering IPO as Mideast tensions drag it lower

Some analysts believe Iran could retaliate by targeting oil infrastructure, placing Aramco at increased risk of a crippling strike.
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang

Oil is on pace for its best year since 2016 as global tensions and dwindling US inventories lift prices

American crude inventories fell to their lowest level in two months in the week ended December 20, propping up prices by cutting supply.
Participants attend the official ceremony marking the debut of Saudi Aramco's IPO on the Riyadh's stock market, in Riyadh

Traders looking to bet against Aramco will have to get creative about finding shares to short

Many Saudi investors aren't familiar with short trades, as selling a borrowed asset is perceived as going against the Koran, an Islamic Finance professor said.