Thursday, July 7, 2011

How do I invest in Saudi Aramco?

Saudi Aramco is owned by the Saudi Government.

You can invest in (USO) which tracks the oil price.

That's the next best thing.

P.S. Saudi Arabia produces "Sour Crude" the refineries in the U.S. (with the exception of Valero) refine in "Sweet Crude"

Maybe that's why when Saudi Arabia announced they were going to pump an additional 200,000 barrels of oil the market for oil went UP instead of down.

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