Aramco shares hit highest price at SR46.10 since listing in Saudi market 

  • 5/8/2022
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Aramco"s share on Sunday has recorded the highest price since listing in the Saudi market at SR46.10. Aramco"s share is trading at an increase of about 3%, with transactions amounting to about 7 million shares. With the rise in Aramco"s shares, the company"s market value has reached about SR8.96 trillion, equivalent to $2.39 trillion. Aramco has set the June Arab Light crude official selling price (OSP) for Northwest Europe at $2.10 a barrel, above the price of Brent on the Intercontinental Exchange (ICE). It is noteworthy that Crown Prince Mohammed Bin Salman had announced earlier, the transfer of 4% of Aramco"s shares to the Public Investment Fund (PIF).

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