Sunday, June 21, 2026
Aramco reaches prince’s $2 trillion goal in second-day surge- oil and gas 360

Aramco reaches prince’s $2 trillion goal in second-day surge

Houston Chronicle Saudi Aramco shares jumped for a second day, with the oil giant’s value hitting the $2 trillion mark that alienated global investors and potentially making further share sales abroad more difficult. The stock climbed by the daily 10% limit to 38.7 riyals at the open in Riyadh before trimming gains. It was up 5.8% at 37.20 riyals at

Oil rebounds though outlook remains clouded by oversupply- oil and gas 360

Oil rebounds though outlook remains clouded by oversupply

Houston Chronicle Oil rebounded from the previous session’s loss, though the outlook remained clouded by rising U.S. stockpiles and concern that OPEC and its allies aren’t taking enough action to balance the market. Futures added 0.6% to trade near $59 a barrel. American gasoline inventories surged the most since January as demand slumped to a three-year low, and crude stockpiles