You are here: Home » International » News » Companies
Business Standard

Two-year oil price curve likely to influence timing of Saudi Aramco IPO

The Riyadh government is carefully analysing the future price curve structure in oil markets because it regards prices further out as an important element in achieving a high valuation

Reuters  |  London 

It's the burning question in the oil industry: when will Saudi Arabia pull the trigger on the Aramco stock market listing? Many industry experts are focusing on the current level of oil prices. However another key consideration for Saudi officials in floating up to 5 per cent of the state oil producer is where they see prices in one to two years' time, two sources close to the IPO said. The Riyadh government is carefully analysing the future price curve structure in oil markets because it regards prices further out as an important element in achieving a high valuation in ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, February 19 2018. 12:11 IST
RECOMMENDED FOR YOU