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Saudi Aramco's Borrowing Spree

Summary by Oil Price
Defying Lower Oil Prices, Saudi Aramco Goes on Borrowing Spree - Saudi Arabia’s national oil company, Saudi Aramco, is seeking to borrow more from the financial markets to meet its investment needs, having raised $5 billion this week in its first dollar-bond sale of 2025. - The company’s net debt rose to its highest since 2022 as of April 2025, up 18% quarter-on-quarter to 25 billion, although Aramco’s gearing ratio remains relatively low at 5.3…

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Zawya broke the news in on Friday, May 30, 2025.
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