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September 01, 2020 1:37pm
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Could Saudi Aramco’s Attack Be A Problem For Its IPO?

Crude oil is seeing a massive price spike on Monday following drone strikes on a Saudi oil facility at Abqaiq and at a nearby Khurais oil field on Saturday, hamstringing 5.7 million barrels of daily crude production or 50% of the kingdom’s oil output. Saudi Aramco, the national oil company,...
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