Analysts upbeat on outlook for Saudi Aramco’s new trading unit

Oil barrels

In a shift of direction for the state oil giant, Saudi Aramco launched its new trading unit this month, introducing what analysts believe could become a major player in the refined-products markets.

The wholly owned subsidiary, Aramco Trading, commenced operations in Dhahran on January 1 with a team of 80 employees, the Saudi state oil giant said in a statement. Leveraging Saudi Aramco's growing portfolio of downstream assets, the new unit will buy and sell condensates, naphtha, gasoline, middle

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: