Arabian American Oil Company (Aramco) | Atoll Times

Arabian American Oil Company (Aramco)

Oil climbs on Mideast escalation fears, US rate cut expectations

The U.S. Energy Department said on Friday it bought nearly 2.5 million barrels of oil to help replenish the Strategic Petroleum Reserve.

Over half of Aramco share sale allocated to foreign investors

As a result of the transaction, more than 120 new international investors will be added to Aramco.