Asia's crude demand recovered a little in August, with Refinitiv Oil Research estimating crude imports by the region at 23.24 million barrels per day (bpd), up from 22.61 million bpd in July
The company is raising money to help pay an annual dividend of $75 billion, a key revenue source for the Saudi government, Aramco's biggest shareholder.
Aramco was widely expected to become a regular bond issuer after its debut $12 billion bond deal in 2019 was followed by an $8 billion, five-part transaction in November last year.
The energy giant is expected to raise up to $5 billion and the deal, which would be through sukuk, or Islamic bonds, is expected in the next few weeks.
In late April, Crown Prince Mohammed bin Salman said Saudi Arabia, the top crude exporter, was in talks to sell one percent of Aramco to an unnamed foreign energy firm.
Aramco, the world's largest oil company, raised the revolving credit facility in 2015 with a wide group of international and local banks.
That financing included two five-year loans, one in US dollars and one in riyal, and two annually renewable one-year loans, also split between the two currencies.
Yanbu Cement, listed on the Saudi stock exchange Tadawul, had said in January its board had recommended a capital reduction to 1 billion riyals ($266.65 million) from 1.575 billion riyals as the capital exceeded the company's needs.
The capital decrease would have happened by cancelling 36.5% of its shares and compensating shareholders.
Brent crude futures for June fell 33 cents, or 0.5pc, to $64.53 a barrel by 0206 GMT while U.S. West Texas Intermediate crude for May was at $61.20 a barrel, down 25 cents, or 0.4pc.
Saudi Arabia's crown prince said oil firm Aramco and petrochemical firm SABIC would lead 5 trillion riyals ($1.33 trillion) of investments by the local private sector by 2030 under a programme announced on Tuesday for economic diversification.
The kingdom's benchmark index eased 0.1%, hit by a 1.5% fall in oil giant Saudi Aramco and 2% slide in Saudi Basic Industries Corp.
