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122.30000 SAR
0.6
0.49%
Last update Jun 23, 3:00 PM +03
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Day range
119.40000
123
Previous close
122.90000
Open
122.40000
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Saudi Aramco Base Oil Company
122.30
0.60
0.49%

Overview

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Description

Saudi Aramco Base Oil Company, a leading entity in the production of high-quality base oils, plays a critical role within the global petrochemical and petroleum markets. As a subsidiary of Saudi Aramco, it focuses on the development and distribution of base oils used extensively in lubricants, which are crucial for maintaining machinery and automotive performance across various industries. The company operates within the energy sector, capitalizing on substantial oil reserves and advanced refining capabilities to ensure a robust supply chain of essential products. Leveraging Saudi Aramco's vast resources and expertise, this company maintains a significant presence in both domestic and international markets, meeting the ever-growing demands for energy and industrial-grade lubricants. Its contributions are vital in supporting infrastructure, transportation, and numerous industrial applications worldwide, thereby holding a pivotal position in the energy landscape and bolstering economic activity through its efficient production and supply of base oils.

About

CEO
Samer Adbulaziz M. Al-Hokail Eng.
Employees
Address
7168 Al Minaa, 3072 Petromin District
PO Box 5518
Jeddah, 22411
Phone
966 92 000 3550
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
Saudi Arabia
MIC code
XSAU
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