Saudi Aramco Valvoline

Saudi Aramco Valvoline

FILE – Fuel trucks line up in front of storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, March 21, 2021. Saudi Aramco announced a $2.65 billion agreement on Monday, Aug. 1, 2022, to acquire Valvoline’s global products business, which includes motor oils, transmission fluids, coolants and other automotive maintenance products. Valvoline said the transaction will separate its global products from its retail services businesses, transforming it into a purely automotive service provider. (AP Photo/Amr Nabil, File)