{"id":472672,"date":"2022-03-03T10:51:19","date_gmt":"2022-03-03T05:21:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=472672"},"modified":"2022-03-03T12:02:15","modified_gmt":"2022-03-03T06:32:15","slug":"saudi-oil-giant-aramco-shares-hit-record-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-oil-giant-aramco-shares-hit-record-high\/","title":{"rendered":"Saudi oil giant Aramco shares hit record high"},"content":{"rendered":"<p>Saudi energy giant Aramco&#8217;s shares rose to a record high on Wednesday amid a surge in global oil prices following Russia&#8217;s invasion of Ukraine. <\/p>\n<p>Aramco&#8217;s stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website.<\/p>\n<p>The Gulf kingdom &#8212; the world&#8217;s top crude exporter &#8212; has remained the firm&#8217;s majority shareholder since a December 11, 2019 listing. <\/p>\n<p>Aramco had priced its landmark initial public offering at 32 riyals ($8.53) per share and it soared the maximum limit to 35.2 riyals on its market debut.<\/p>\n<p>Crude surged past $113 a barrel Wednesday with investors growing increasingly fearful about the Ukraine war&#8217;s impact on global energy supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi energy giant Aramco&#8217;s shares rose to a record high on Wednesday amid a surge in global oil prices following Russia&#8217;s invasion of Ukraine. Aramco&#8217;s stock was trading at 42.9 Saudi riyals ($11.4) in Riyadh, according to the Saudi Tadawul market website. The Gulf kingdom &#8212; the world&#8217;s top crude exporter &#8212; has remained the firm&#8217;s majority shareholder since a December 11, 2019 listing. Aramco had priced its landmark initial public offering at 32 riyals ($8.53) per share and it soared the maximum limit to 35.2 riyals on its market debut. Crude surged past $113 a barrel Wednesday with investors [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-472672","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472672","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=472672"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/472672\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=472672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=472672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=472672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}