saudi aramco

Saudi Aramco IPO could be largest in history

Saudi Aramco on Saturday released details of an initial public offering that could shatter records and will give investors the chance to own a piece of the world's most profitable company.

Drone strikes knock out half of Saudi oil capacity

Coordinated strikes on key Saudi Arabian oil facilities, among the world's largest and most important energy production centers, have disrupted about half of the kingdom's oil capacity, or 5% of the daily global oil supply.