- Naranj Research Desk




5% – 7%
12 - 14 Days




5% – 7%
12 - 14 Days
Saudi Aramco Base Oil Company – Luberef produces and sells base oils and related petroleum products across Saudi Arabia and global markets.
It offers Group I and Group II base oils along with by-products like asphalt, fuel oil, wax, and sulfur, as well as refined products such as diesel and naphtha. The company was founded in 1976, is based in Jeddah, and operates as a subsidiary of Saudi Arabian Oil Company

LUBEREF — TASI —


| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 65.77 | Neutral |
| CCI-14 | 103.78 | Overbought |
| ROC | 4.71 | Positive |
| Stochastic RSI | 54.73 | Neutral |
| William %R | -22.62 | Neutral |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 111.57 | Above |
| 10 EMA | 110.89 | Above |
| 20 EMA | 108.52 | Above |
| 50 EMA | 104.63 | Above |
| 100 EMA | 101.13 | Above |
| 200 EMA | 99.95 | Above |
Based on our stock trading advice in Saudi Arabia, Saudi Aramco Base Oil stock price target will be SAR 118 - SAR 120 in the next 12-14 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
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