Tuesday 26 April 2022

Fitch revises #Saudi Aramco's outlook to 'positive' | Reuters

Fitch revises Saudi Aramco's outlook to 'positive' | Reuters

Ratings agency Fitch on Monday revised its outlook for state-owned Saudi Arabian Oil Co (2222.SE) to "positive" from "stable", citing a similar action on the country.

The agency had raised its outlook on Saudi Arabia to "positive" from "stable" earlier this month on the back improvements in the country's sovereign balance sheet thanks to higher oil revenues. read more

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