The immediate impact of Abqaiq may have been minor, but the long-term lessons from this incident are bound to become more clear with time.
Saudi Arabia's third oil minister in three years, Prince Abdulaziz bin Salman will be tasked with delivering Saudi Aramco's IPO
Aramco's bond prospectus details a company which has production costs that are less than half of its nearest rival and achieves levels of production greater than ExxonMobil, Chevron, Shell BP and Total combined.
Countries that rank low in cyber readiness account for more than 44 million barrels per day, approximately 45 percent of the world’s daily oil production.
Sharp growth in the downstream sector could simply shift the gigantic surplus of crude to the refined products market, undermining profit margins in all regions.
Saudi Arabia is mulling selling shares in Aramco, but the announcement of a possible IPO has prompted a number of questions, particularly the overall value of the company.