The Marked Chart Wire · Series of events
Series of events · Saudi Aramco
Saudi Aramco moves on loans, deliveries, and quarterly profit
Aramco plans full European oil shipments, reportedly nears a $10 billion loan, and reports higher quarterly profits.
Updated
The flow in 3 points
- Aramco plans full oil deliveries to Europe in November
- A $10 billion loan is reportedly near finalization
- Profit rose on higher oil and chemical prices
What happened, in order
Times are Eastern-
Where it began
Full Europe deliveries
Saudi Aramco intends to ship its complete oil allocation to European buyers next month.
-
Loan nears close
Saudi Aramco is reportedly close to finalizing a $10 billion loan with a group of global banks.
Read the story -
Latest
Quarterly profit rises
Saudi Aramco reported a rise in third-quarter profit as higher crude oil and chemical prices offset weak sales volumes.
Read the story
How they connect
The company first outlined its shipping plans for Europe, then moved toward a major loan agreement, and finally reported its quarterly financial results.
What to watch
- Full oil deliveries to Europe in November
A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.