Saudi Aramco is first oil major to regain pre-price-war share price

Saudi Aramco is first oil major to regain pre-price-war share price

Saudi Aramco is the first major global oil producer to see its stock recover to the level it traded at before the price war between Russia and Saudi Arabia.. Aramco's recovery has been achieved on much smaller share volumes than its international counterparts, with less than 2 per cent of the Saudi company's stock available for trading.. Shares in oil companies plummeted in March after an OPEC+ meeting ended without a deal to curb production, an impasse that was followed by an all-out price war between Saudi Arabia and Russia..