The Aramco Accounts… Bloomberg

by Jim Colburn • Friday, April 13, 2018

I didn’t see a byline but Bloomberg analyzes Saudi Aramco here…  Yes, there will be interest in the IPO…

“Using a rough measure of total oil, condensate and gas production, Aramco spent less than $4 per barrel to pump hydrocarbons, compared to similarly rough calculations of around $20 a barrel for Exxon and Shell.”

 

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