Search
51 to 60 out of 555
Results
The drop comes following a vicious price war between Saudi Arabia's state oil company and Russia.
Saudi Aramco has given its first earnings announcement as a listed company.
Responding to Aramco's statement, one Twitter user said the company needed to apologise to the "person himself" and not to the public.
Saudi Aramco shares recovered slightly on Tuesday after diving 10 percent a day earlier.
Yemen's Houthi rebels have admitted to carrying out strikes on Aramco facilities in Saudi Arabia but did not specify when the strikes were carried out.
Riyadh put its best face forward at the 2020 World Economic Forum as it basked in the glow of 2019's public offering of shares in Saudi Aramco.
The record valuation, which defied sceptics' predictions that the stock price would wallow, cheered Crown Prince Mohammed bin Salman, who had championed the public offering.
The sale of the largest oil company in the world did not create waves, and globally it got a very lacklustre reception, much to Riyadh's surprise.
Saudi Aramco's market value crossed the $2 trillion level several times during the day on Riyadh's Tadawul stock exchange before ending just below it.
Saudi Aramco becomes highest valued listed company in the world as businesses told it’s their ‘duty’ to invest