Thread regarding Saudi Aramco layoffs

Aramco Fire Sale

Desperate times indeed, the company is being driven into the wall…

https://www.reuters.com/business/energy/saudi-aramco-considers-asset-sales-free-up-funds-sources-say-2025-05-23/

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| 1861 views | | 3 replies (last May 31, 2025) | Reply
Post ID: @OP+1jw1gc2y7

3 replies (most recent on top)

Not exactly sure on the details of bond interest payment but I'll bet the Ritz Carlton will be involved.

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Post ID: @18b+1jw1gc2y7

$5 Billion bond sale, I wonder how those interest payments will be made given crude oil prices today.

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Post ID: @177+1jw1gc2y7

I'm not surprised, the Kingdom needs money. They need all the help they can get.

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Post ID: @tk+1jw1gc2y7

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