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Saudi oil giant Aramco’s shares rise after stock sale set to raise $11.2 billion

Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Dado Ruvic | ReutersShares of Saudi...

Over half of Aramco share sale allocated to foreign investors

By Maha El DahanDUBAI (Reuters) - Saudi Arabia placed over half of an $11.2 billion share sale in Aramco with foreign investors, two people...

Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion

Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds...

How Saudi Aramco plans to win the oil endgame

THE MANAGERS of Saudi Aramco could have the cushiest jobs in the energy business. The state-run oil colossus produces 9m barrels of oil a...

OPEC+ Agrees to Extend Output Cuts in Bid to Support Prices

(Bloomberg) -- OPEC+ has agreed to extend its oil supply cuts, delegates said, as the group continues its efforts to avoid a global surplus...

Saudi Aramco’s $12 Billion Stock Offer Sells Out in Hours

(Bloomberg) -- Saudi Aramco's $12 billion stock sale sold out shortly after trading opened Sunday, a boon for the government as it seeks cash...

Aramco Kicks Off Giant Share Sale in Test of Investor Appetite

(Bloomberg) -- Aramco launched a stock sale Sunday aimed at raising about $12 billion for Saudi Arabia, one of the largest deals in recent...

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