Energy Update

23 August, 2018

Does the Aramco float matter for oil prices?

Whether the Saudi Aramco float actually happens or not should make little difference to the oil market. After all, it is now clear that Saudi Arabia is no longer intent on artificially boosting prices to raise the valuation of Aramco, Saudi Aramco is already well run by international standards, and the Kingdom’s oil policy was never likely to change.

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