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/
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/
Not exactly sure on the details of bond interest payment but I'll bet the Ritz Carlton will be involved.
$5 Billion bond sale, I wonder how those interest payments will be made given crude oil prices today.
I'm not surprised, the Kingdom needs money. They need all the help they can get.