Low prices hit the oil industry (and later the rest of us) – Resilience

Low prices hit the oil industry (and later the rest of us) – Resilience

It’s a sign of the times that the world’s largest oil company, Saudi Aramco, the state oil company of the Kingdom of Saudi Arabia, has to borrow money to pay its dividend to shareholders. I’ve written about the company’s initial public offering, twice delayed and often disrupted (here and here). It now appears that the […]

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