From stable to positive
Fitch revises Saudi Aramco's outlook to 'positive'
Ratings agency Fitch had raised its outlook on Saudi Arabia to "positive" from "stable" earlier this month on the back improvements in the country's sovereign balance sheet.
Tuesday 26/04/2022
From stable to positive
LONDON - Ratings agency Fitch on Monday revised its outlook for state-owned Saudi Arabian Oil Co to "positive" from "stable", citing a similar action on the country.
The agency had raised its outlook on Saudi Arabia to "positive" from "stable" earlier this month on the back improvements in the country's sovereign balance sheet thanks to higher oil revenues.