Aramco Keeps $75 Billion Dividend Promise Despite Oil’s Dive

Aramco Keeps $75 Billion Dividend Promise Despite Oil’s Dive

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the challenges faced by oil companies, particularly Saudi Aramco, in maintaining shareholder dividends amidst low oil prices. It highlights Aramco's goal to increase capacity to 13 million barrels a day, which requires significant investment. The discussion also covers the impact of Saudi Arabia's strategy to flood the market, potentially forcing other producers like Russia to negotiate. The financial strain on Saudi Arabia due to low oil prices is also addressed.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential long-term effects of the current oil price environment on major oil producers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the financial implications for Saudi Arabia if oil prices remain low.

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