Oil giant Saudi Aramco will offer sukuk investors new debt this week after some could not buy its previous Islamic issuance due to very low yields. Aramco, rated A1/—/A+, is meeting investors on ...
The 112 km pipeline is crucial for transporting crude oil from Saudi Aramco to Bahrain's national refinery, Bapco Refining. Bahrain has sold a minority stake in a key oil pipeline that transports ...
Oil-storage tanks at a key US crude hub have drained to near their bottoms as a massive new pipeline in Canada diverts flows elsewhere, muddying market signals that traders have long relied on.