Saudi Aramco needs cash with oil prices at a 17-year low — and now it may reportedly sell a piece of its pipeline unit

Saudi Aramco is stuck in an unprecedented price war and may need to sell a stake in its pipeline business to raise capital, Bloomberg reported on Monday.

The precipitous drop in oil prices through the month has the world’s largest producer strapped for cash ahead of some massive payments.

Read full article here
Source: Business Insider