Saudi energy giant Aramco sees shares hit record high

Saudi energy giant Aramco’s shares hit a record high for a second straight day on Thursday, as global oil prices surged after Russia’s invasion of Ukraine. Aramco’s stock was trading at 45 Saudi riyals ($12) in Riyadh, according to the Saudi Tadawul market website, before falling back to 44.3 Saudi riyals ($11.8) at market close. On Wednesday, trading stopped at 43.05 Saudi riyals ($11.48) per share. The Gulf kingdom – the world’s top crude exporter – has remained the firm’s majority shareholder since a December 11 2019 listing. Aramco had priced its landmark initial public offering at 32 riya…

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