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Saudi Aramco becomes world's 3rd largest firm by market valuation

Saudi Aramco becomes world's 3rd largest firm by market valuation

ArabFinance: Saudi Aramco is once again a $2 trillion company, Bloomberg reported.

The company’s stock hiked 5% this week due to further gains in crude.

Futures soared on Monday, October 4th, after the OPEC+ cartel stuck to its plan for slow and steady supply increases at a time when the global gas shortage is pushing up demand rapidly.

Aramco is the world’s third-biggest company by market valuation, behind only Apple Inc. and Microsoft Corp.

 

 

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04 Oct 2021
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