Investors Evaluating Aramco IPO As Iran Claims Discovery Of New Oil Field
Opinions expressed by Forbes Contributors are their own./ I cover energy, security, Europe, Russia/Eurasia & the Middle East/ Saudi Arabia – the world’s oil market maker – is gearing up for the historic initial public offering (IPO) of state oil giant . Given that Aramco is the most profitable company in existence, earning between January and September of 2019, expectations are high for the largest IPO to date. But headwinds exist. Oil prices are middling, oil demand is tepid, and Middle East oil supplies are under constant threat of attack ...
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