Yeah, and they were implying Saudi Aramco was in trouble because they only place they could place debt was in the Islamic Finance market. (I felt this implied t

Yeah, and they were implying Saudi Aramco was in trouble because they only place they could place debt was in the Islamic Finance market. (I felt this implied they get terrible price for their debt there, or there's very limited liquidity) but then a couple sentences later, it's say their debt offerings were over-subscribed by a factor of 10. So why is that so bad? Good catch too on your point that Saudi themselves are receiving the bulk of the dividends.... I did look at aramco share price the other day and it's been very flat after recovering from last march. Strange considering in the meantime oil has double/tripled in price and equity markets have roofed.