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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.
‘Shocking contempt for human dignity’: Saudi Aramco dressed up a migrant worker as a human hand sanitizer dispenser, and outraged people a...
The Saudi oil giant, the most valuable company in the world, later issued an apology.
"Oil's supply-demand dynamics still point to a bias for weakness," Han Tan, an analyst at FXTM, told Markets Insider.
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.
Aramco set aside 450 million shares for investors as it gauged early demand, and Goldman Sachs released proceeds from the allotment over the weekend.
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.
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.
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.