Saudi Aramco doubles down on South Korea with $1.6 billion bet on Hyundai Oilbank

State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil.

from Reuters: Top News https://reut.rs/2Rgskgg