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Saudi Aramco agreed to buy Primax, a fuel distributor operating in Peru, Colombia and Ecuador, for about $3.5 billion, according to a report citing sources familiar with the deal. Primax, owned by Grupo Romero, operates 2,185 service stations across the three countries.
The acquisition changes ownership of a regional fuel retailer but does not indicate a near-term change in fuel supply, energy prices or agricultural commodity costs.
gulfconstructiononline.comBina GoveasNov 7, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
