Aramco

Coronavirus

Saudi, Russia rift widens

06/04/2020

US President Donald Trump’s call for a 10 million barrel per day – or even 15mn bpd – cut drove up oil prices last week but weak demand continues to run the show, with little respite expected from talks due to take place this week.

Asia

Reliance, Aramco talks on refinery stake sale ‘stall’

24/07/2019

Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co. have stalled on differences over the deal’s structure, people with knowledge of the matter said.

Market info

Aramco seeks $2bn from Japan’s export agency

10/01/2018

Saudi Arabian Oil Co. is seeking a $2 billion loan from Japan’s export-credit agency, three people with knowledge of the matter said, as competition for a role in potentially the world’s largest initial share offering heats up.