Aramco results and East-West pipeline expansion
Aramco published third-quarter results on Nov. 3, and began early engineering on expanding its East-West pipeline. The pipeline carries oil across Saudi Arabia. OilPrice said higher prices do not solve Aramco's biggest problems.
Why it matters
Pipeline capacity affects how oil can bypass Hormuz.
Background
Aramco is the world's largest listed oil company.
The story so far
- Aramco results and East-West pipeline expansion
- Saudi Arabia intercepts missiles after Houthi pipeline attack
Sources
- OilPrice ↗Nov 3, 2:00 PM ET
- Asharq Al-Awsat ↗Nov 3, 6:41 PM ET
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