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News Wire / economy

Aramco Warns Market Recovery Will Take Months

Bloomberg Radio New York 2d2d Impact 8
A discussion on Bloomberg Radio mentioned an entity valued at $32 billion. This valuation was partly attributed to the entity's ownership of an oil pipeline.

Topics

finance energy oil pipeline

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Sources · 7 independent

Bloomberg Radio

“$32 billion in part because it has a pipeline that of oil.”

Bloomberg Radio

“Aramco says its first quarter profits are up 25% from a year ago, more than $32 billion in part because it has a pipeline that of oil. watching. The world's largest oil company warns that it'll take months for the market to return to normal, even if the straight-of-war moves reopens immediately. A Ramco has been able to redirect X4 through a pipeline.”

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