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Aramco’s USD 32.5 bn 1Q is a verdict on infrastructure redundancy
The East-West Pipeline allowed crude to bypass Hormuz entirely
Aramco secondary offering sells out within hours
The final allocation of shares and the offering’s final price will both be announced on Friday
Is Aramco pulling the trigger on its secondary offering today?
The oil giant could raise between USD 10-20 bn, according to reports
An almost record year for Saudi Aramco, despite waning oil prices and production cuts
Saudi’s Aramco recorded its second-highest annual net income ever in 2023, despite falling 25% y-o-y to USD 121 bn on…
Saudi Aramco could float more shares on Tadawul
The oil giant is reportedly targeting at least SAR 40 bn in proceeds