Iran’s 53 Billion Oil Barrel Dig May Spoil Sworn-Foe Saudis’ Aramco IPO

2019-11-12 13:53

The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices.

Saudi Arabia’s oil giant Saudi Aramco may be the world’s most profitable company but […]

The post Iran’s 53 Billion Oil Barrel Dig May Spoil Sworn-Foe Saudis’ Aramco IPO appeared first on CCN. com

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Источник: ccn.com

oil aramco → Результатов: 10

World’s Largest Oil Producer Saudi Aramco Files for an Initial Public Offering

Coinspeaker World’s Largest Oil Producer Saudi Aramco Files for an Initial Public OfferingThe shares of the world's largest oil producer Saudi Aramco will be traded on the local exchange Tadawul starting December 2019.

2019-11-4 15:22
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Sunday Digest: Bitcoin Price Holds Above $9k, Week’s Other News

The world’s most profitable company, today announced that it is going public, in what could be the biggest ever IPO. The oil giant, Saudi Aramco, posted an H1 profit of $46. 9bn in 2019, compared to Apple’s $21.

2019-11-4 17:00	BTC
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Oil Giant Saudi Aramco Finally Launches Its Record-Breaking $2 Trln IPO

The oil giant is eyeing the biggest IPO in history. Will Saudi Aramco manage to secure the $2 trln valuation it desperately needs?

2019-11-3 13:09
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Saudi Crown Prince Warns Iran War Means ‘Total’ Global Economy Apocalypse

Saudi’s crown prince warned that war with Iran would lead to a sweeping shattering the world’s economy. In a rare televised interview on 60 minutes aired over the weekend, Prince Mohammed bin Salman addressed key issues such as the death of Jamal Khashoggi, the recent Iranian attack on a Saudi Aramco oil plant, and the […] The post Saudi Crown Prince Warns Iran War Means ‘Total’ Global Economy Apocalypse appeared first on CCN.com

2019-9-30 15:24
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Former Goldman Sachs Analyst: ‘The 1% is Dumping Stocks’

The S&P 500 (SPX) is trading close to all-time highs. The Dow Jones Industrial Average (DJI) is in the same boat as it is a few points away from a new record. The market is climbing despite global instabilities such as the U.

2019-9-20 16:15	S&P 500
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Bitcoin Is Ideal Hedge Amidst Rising Global Uncertainty

The U. S. -China trade war, the Hong Kong protests, and now the attack on Saudi Arabian oil producer Aramco – these events add more pressure to financial and commodity markets that already look overextended; stocks are trading close to all-time highs.

2019-9-17 20:55	Bitcoin
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Is Ether (ETH) becoming a Digital Silver?

After drone attacks on Saudi oil facilities, oil rised 12% – for the first time in last 30 years. The Corn stayed flat. But Ethereum took off. Saudi company Aramco said it lost 5.7 million barrels of production per day as a result of the attack. This is about 50% of the total oil production […]

2019-9-16 17:48
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‘Locked and Loaded’: Trump’s Latest Tweetstorm Rages Over Saudi Oil Attack

Oil prices have been soaring Monday after a drone attack at Saudi Aramco’s Khurais oil field in Buqyaq, Saudi Arabia, forced the Kingdom to shut down over half of its daily production capacity. Yemen's Houthi rebels claim attacks on 2 Saudi Aramco oil facilities, Saudi Arabia's state-owned oil giant, disrupting oil output and exports.

2019-9-17 16:00
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Major Energy Companies Invest $6 Million in Blockchain Startup Data Gumbo

The American blockchain startup Data Gumbo Corp. secured $6 million in its Series A funding. It was co-led by the venture arm of the largest petroleum and natural gas company Suadi Aramco, reported World Oil on May 8, 2019.

2019-5-10 23:00
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Saudi Arabia Won’t Bow to Trump’s ‘Crude’ Jabs Until After Aramco IPO

Donald Trump has been doing his best to wage war on the rising oil price, but the president is struggling with the fact that strong US growth is a natural boost to crude. However, there is another thorn in his side – Saudi Arabia-led OPEC, who have been keen to limit supply.

2019-4-9 17:45
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Saudi Aramco Denies Bitcoin Mining Initiative Reports

The world’s third-largest company by market capitalization, Saudi Aramco, has reportedly denied any reports that it was going start bitcoin mining operations using gas flare energy. The post Saudi Aramco Denies Bitcoin Mining Initiative Reports appeared first on BeInCrypto.

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With its own dramatic price drop over the last 24-hours, Bitcoin is hardly holding up as a store of value among today’s mass-market selloffs. Gold bugs are enjoying the plunge, however, while the price of their favorite safe-haven asset rises.

Saudi Aramco Raises Its IPO to Record $29.4B by Selling 450M Additional Shares

Coinspeaker Saudi Aramco Raises Its IPO to Record $29. 4B by Selling 450M Additional SharesSaudi Aramco has managed to sell 450 million additional shares through an over-allotment option, which is also known as a "greenshoe option".