Aramco Fights $70 Billion Price Tag for Saudi Chemicals Giant

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Saudi oil giant seeks large discount on $70 billion stake in chemical firm

 

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Right price for who? you will never get a trade off with them, they are far too used to deals where the oil is in the groond free and they sell it for $50 - $150.

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With crude above $70, it’s time to sell your oil stocksFrom fracking stocks to Big Oil, there are few signs to encourage investors. JeffReevesIP Don’t do it! Crude will continue to rise for the foreseeable future. JeffReevesIP duh, anybody watching oil has seen it falling for days. JeffReevesIP I just read that it will go to $100 ! Might should wait a little longer !
Source: MarketWatch - 🏆 3. / 97 Read more »