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Aramco’s market value closes on $2.24 trillion

by WAYA Staff - Feb 24, 2022
Aramco’s market value closes on $2.24 trillion

Saudi Aramco’s became the second-largest valued company in the world after Apple. Aramco currently values at $2.24 trillion while Apple is valued at $2.6 trillion.

This came as Aramco’s shares rose to the highest level since listing, the share is priced at SR42 which amounts to $11.2 after Aramco closed a $15.5 billion pipeline deal.

Oil prices have crossed $100 a barrel for the first time since 2014 as Russia launched military action against Ukraine earlier today.

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