Independent thinking for complex markets and current events
CEO of Saudi Aramco warned today that the “war premium” is here to stay… Investors told to prepare for a supply-demand gap that could last until 2027… Even if the shooting stops today, damage to tanker routes will take years to mend… Aramco is maxing out production but can’t teleport oil past a blockade… World …
https://www.iranintl.com/en/202603020451 Holy shit… Iran is now strikcing Gulf energy infrastructure, as well as Cyprus Iran was a lot more prepared than anyone expected, and Trump/Israel canot continue this war for much longer if this goes on Energy prices are spiking And we're only at day 3 The world economy… — Mario Nawfal (@MarioNawfal) March 2, …
Saudi Aramco has initiated its first dollar bond sale in three years. The oil-rich kingdom’s state-owned company is seeking to raise at least $3 billion, with the possibility of increasing the size based on investor demand. The debt offering includes three tranches with maturities of 10, 30, and 40 years. Initial pricing thoughts indicate spreads of approximately 140, 180, and 195 …
The China Petroleum and Chemical Corporation (Sinopec) announced Thursday that its Sinopec Oilfield Service Company has signed an agreement worth about $1.1 billion to construct natural gas pipelines for Saudi Aramco, the state oil company of Saudi Arabia. The Sinopec subsidiary is stepping into the third phase of a massive Saudi Aramco project to develop …