- published: 15 Aug 2022
- views: 3030
The recent rally in oil prices helped Saudi Aramco break yet another record. The company posted the biggest quarterly adjusted profit of any listed company globally. Su Keenan reports on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
For the past two years, Saudi Arabia has prepared to place its national oil company on the stock market. Officials talked up the Saudi Aramco initial public offering (IPO) with international exchanges and global banks. It seemed like a great idea that the world's largest oil producing company, valued at $2 trillion, would become the world's largest ever traded stock. There are many companies in the world which move and shake markets but perhaps no other organization essential to running a country. Aramco is unique and it runs no ordinary country. Saudi Arabia plays a key role in moving global oil prices. The oil market affects everyone on the planet directly or indirectly. Oil prices have developed and destroyed economies – Sudan and Venezuela being the most recent examples. So that compa...
It’s the biggest oil company in the world and it’s set to have the largest IPO in history - so what exactly is Saudi Aramco and why does its success mean so much to the Saudi kingdom? CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi
Saudi Aramco is considering an IPO that could value it at $2 trillion, roughly four times the size of Apple.
The forces that propelled Aramco's growth from a single well to the biggest oil producer in the world are changing underfoot. Now that the company has sold shares, can it sustain the kind of growth needed to keep investors happy? WSJ explains. Photo: John Moore/AP More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM #WSJ #Aramco #Explainer
Saudi Arabia's national petroleum and gas company Saudi Aramco has overtaken Apple to become the world's most valuable company. Saudi Aramco is valued at $2.43 Trillion. Palki Sharma brings you the story of the company's rise. #Gravitas #SaudiAramco #Apple About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly On...
U protekle dvije godine Saudijska Arabija se pripremila da svoju nacionalnu naftnu kompaniju stavi na tržište dionica. Zvaničnici su razgovarali o inicijalnoj javnoj ponudi Saudi Aramco (IPO) s međunarodnim berzama i globalnim bankama. Saudijska Arabija igra ključnu ulogu u kretanju globalnih cijena nafte. Tržište nafte utječe na sve na svijetu, direktno ili indirektno. Vidjet ćemo kako kompanija i država oblikuju stanje na tržištu naftnih derivata, koja je strateška važnost Aramca i šta ovo znači u pogledu ambicioznog plana Prinčeve 'Vizije 2030'. Pratite nas: http://www.youtube.com/ajbalkans http://facebook.com/ajbalkans http://instagram.com/ajbalkans/ http://twitter.com/ajbalkans http://balkans.aljazeera.net