BRIEF-Saudi Aramco Says Domestic And International Storage Capacity Provide Additional Optionality

SAUDI ​ARABIAN ​OIL CO: * ‌Q1 SAW ​HIGHER PRICES AND VOLUMES ‌SOLD OF REFINED AND CHEMICAL PRODUCTS

* Q1 SAW HIGHER CRUDE OIL ‌VOLUMES SOLD * Q1 SAW HIGHER ‌CRUDE OIL PRICES

* Q1 SAW HIGHER REVENUE AND OTHER INCOME ⁠RELATED ​TO ⁠SALES * Q1 SAW HIGHER OPERATING COSTS

* ⁠Q1 SAW INCREASE IN INCOME TAXES ​AND ZAKAT * STRATEGIC INVESTMENT ⁠IN CRITICAL INFRASTRUCTURE AND ROBUST CONTINGENCY ⁠PLANNING ​SUPPORTED OPERATIONAL CONTINUITY

* STRATEGIC INVESTMENT IN CRITICAL ⁠INFRASTRUCTURE AND ROBUST CONTINGENCY PLANNING HELPED ⁠MITIGATE ⁠DISRUPTION * ARAMCO’S DOMESTIC AND INTERNATIONAL STORAGE ‌CAPACITY PROVIDE ‌ADDITIONAL OPTIONALITY Further company ​coverage: