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26.06.2020 ARAMCO Daily Analysis
Aramco stock shares keep slopping down and today the stock is trading at 32.70usd. State oil giant Saudi Aramco (SE:2222) started laying off hundreds
Yazar: editor_1
Yayınlanma: 26 Haziran 2020 17:47
Güncellenme: 16 Kasım 2024 05:54
26.06.2020 ARAMCO Daily Analysis
ARAMCO 32.70usd, -0.10, -0.30%
Aramco stock shares keep slopping down and today the stock is trading at 32.70usd. State oil giant Saudi Aramco (SE:2222) started laying off hundreds of employees this month and it is actually said that almost 500 employees lost their jobs as global energy companies reduce their workforces in response to the coronavirus crisis. Aramco has cut capital spending for 2020 after the pandemic brought an unprecedented drop in oil demand and most Oil majors have cut workforces by 10% to 15% to cut costs and as part of restructuring plans.
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