After a 10 per cent surge on Wednesday, Aramco shares rose 9.7 per cent to $10.3 (38.60 riyals) on Thursday morning in the second day of trading ensuring the oil giant's valuation to shoot over $2 trillion.

Aramco shares surge for second day, oil giant's valuation shoots over $2 trillion

Saudi Arabia's Armco shares surged ten per cent over the IPO price on Wednesday during in its debut in the Riyadh stock market. The shares of the oil giant went up $9.

Saudi Aramco shares surge maximum 10% on market debut

Non-Saudi investors were allocated 23 per cent of the institutional tranche of Saudi Aramco's initial public offering (IPO), an executive at one of the lead banks on the deal told the Al Arabiya news channel on Monday.

Non-Saudi buyers got 23% of Aramco IPO institutional tranche

OPEC and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia's energy minister told Reuters.

Saudi energy minister talks OPEC+ unity, backs Aramco to soar

Oil edged lower on Friday as investors awaited a meeting of OPEC and its allies later in the day which is expected to formally agree to more output curbs in early 2020.

Oil slips as OPEC+ gears up to confirm supply cut

Two facilities of the world's largest oil company Saudi Aramco were attacked by drones on September 14. Saudi Arabia was forced to cut down its oil production by half.

Officials describe how Iran planned the attack against Saudi Aramco: Report

Saudi Aramco said Sunday it would sell 1.5 per cent of the company in a blockbuster IPO worth at least $24 billion which values it at up to $1.71 trillion. "The base offer size will be 1.

Aramco says to sell 1.5% in IPO worth at least $24 billion

Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar with the matter said. Aramco had said in its IPO prospectus earlier this month that the offering of shares would rely on the 144A rule of the US Securities Act, which allows a non-US issuer to tap the US market.

Saudi Aramco will not market IPO in the United States: Report

Saudi state oil giant Aramco will sell up to 0.5% of its shares to individual retail investors and will be restricted from issuing additional shares for a year after the initial public offering (IPO), its prospectus said on Saturday.

Saudi Aramco prospectus flags risks, gives few details on IPO size

Saudi Aramco has approached Malaysian state energy company Petronas to participate in Aramco's initial public offering (IPO), Petronas said on Wednesday, as the Middle Eastern oil giant seeks cornerstone investors for the listing.

Aramco approaches Malaysia's Petronas to participate in IPO

From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details.

Saudis scramble to raise cash for Aramco share sale

Saudi Aramco, The Biggest Oil Company In The World, Is All Set To Go Public.

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All that you need to know about Saudi Aramco, the oil colossus

Saudi Crown Prince Mohammed bin Salman is expected on Sunday to formally launch a long-anticipated stock offering of Saudi Aramco, a person close to the matter said Friday.

Saudi Crown Prince to formally launch Aramco IPO on Sunday: Report

India will lease a quarter of its strategic petroleum reserve in Padur to Saudi Aramco to store about 4.6 million barrels of oil, a government official said on Wednesday, as New Delhi seeks global investment in its expanding energy infrastructure.

Saudi Aramco to keep 4.6 million barrels of oil in Indian storage: Report

US Secretary of State Mike Pompeo departed for Saudi Arabia Tuesday to discuss possible retaliation after Washington said it had proof that attacks on Saudi oil installations originated in Iran.

Mike Pompeo heads to Saudi Arabia after US blames Iran

Saudi Aramco's trading arm is looking for oil products for prompt delivery after Saturday's attacks on Saudi oil facilities, several trade sources said this week.

Saudi Aramco trading arm wants refined products after attacks: sources

The weapons used to strike Saudi oil facilities were Iranian-made, the Riyadh-led coalition said Monday, heightening fears of regional conflict after the US hinted at a military response to the assault.

Weapons used in Saudi oil attacks came from Iran: Saudi coalition

Yemen's Houthi movement said on Monday that Saudi Aramco's oil processing plants were still a target and could be attacked at "any moment", warning foreigners to leave the area. Watch this video to know more.

WION Dispatch: Houthis warns Saudi to stop its aggression on Yemen

Oil prices surged nearly 20 per cent at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom's production.

International oil prices surge nearly 20% after attack on Saudi oil facilities

Yemen's Houthi movement said on Monday that Saudi Aramco's oil processing plants were still a target and could be attacked at "any moment", warning foreigners to leave the area.

Yemen's Houthis say Saudi Aramco's oil processing plants still a target

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the company's total output, the energy minister said Saturday.

Saudi halts production at attacked oil plants: Minister

Iran's Foreign Minister Mohammed Javad Zarif said on Sunday that the United States and its allies were "stuck in Yemen" and that blaming Tehran "won't end the disaster".

Iran Foreign Minister Zarif says the US, allies are 'stuck in Yemen'

Saudi authorities controlled a fire at an Aramco factory in Abqaiq, Al-Arabiya TV reported early on Saturday (September 14). Video obtained by Reuters showed the fire engulfing a multiple sections of the refinery.

Flames and smoke rise over Aramco refinery in Saudi Arabia

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