{"id":393677,"date":"2021-01-06T11:28:37","date_gmt":"2021-01-06T05:58:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=393677"},"modified":"2021-01-06T11:28:37","modified_gmt":"2021-01-06T05:58:37","slug":"credit-suisse-says-aramco-may-revive-ril-deal-if-oil-prices-continue-to-rise","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/credit-suisse-says-aramco-may-revive-ril-deal-if-oil-prices-continue-to-rise\/","title":{"rendered":"Credit Suisse says Aramco may revive RIL deal if oil prices continue to rise"},"content":{"rendered":"<p>MUMBAI: Foreign brokerage firm Credit Suisse believes that global oil NSE 2.05 % producer and refining giant Saudi Arabian Co, better known as Saudi Aramco, may revive its interest in buying the 20% stake in Reliance Industries Ltd\u2019s energy business if global crude oil prices continue their upward trend.<\/p>\n<p>\u201cThe deal is not yet closed and with Saudi Aramco not bidding for BPCL (Bharat Petroleum NSE -0.51 % Corp), it is possible that with recovery in oil prices above $50-55\/bbl, the deal could be revived,\u201d the brokerage house said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Foreign brokerage firm Credit Suisse believes that global oil NSE 2.05 % producer and refining giant Saudi Arabian Co, better known as Saudi Aramco, may revive its interest in buying the 20% stake in Reliance Industries Ltd\u2019s energy business if global crude oil prices continue their upward trend. \u201cThe deal is not yet closed and with Saudi Aramco not bidding for BPCL (Bharat Petroleum NSE -0.51 % Corp), it is possible that with recovery in oil prices above $50-55\/bbl, the deal could be revived,\u201d the brokerage house said in a note.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-393677","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=393677"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/393677\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=393677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=393677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=393677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}