Menu

Saudi oil giant Aramco shares hit record level since listing

RIYADH, Saudi Arabia (AFP) — Saudi energy giant Aramco’s shares rose to a record high on Wednesday amid a surge in global oil prices following Russia’s invasion of Ukraine.

Aramco’s stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website.

The Gulf kingdom — the world’s top crude exporter — has remained the firm’s majority shareholder since a December 11, 2019 listing.

© Agence France-Presse
Related Post
  1. Australia abandons 2034 World Cup bid in boost for Saudi

    Australia on Tuesday decided against bidding for the 2034 football World Cup, strengthening Saudi Arabia's…

  2. Saudi summons Swedish diplomat over Koran protests

    RIYADH, Saudi Arabia (AFP) -- Saudi Arabia said late Thursday it was summoning a Swedish…

  3. Putin launches major Arctic liquified natural gas project

    MOSCOW, Russia (AFP) -- Russian President Vladimir Putin on Thursday launched the first part of…

  4. Saudi summons Swedish ambassador over Koran burning

    RIYADH, Saudi Arabia -- Saudi Arabia has summoned Sweden's ambassador to denounce a Koran burning…

  5. Guard, gunman dead in shooting at US consulate in Saudi

    JEDDAH, Saudi Arabia, June 29, 2023 (AFP) -- Saudi authorities were investigating Thursday after an…

This website uses cookies.