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Saudi Aramco Cancels IPO; Oil Prices Jump On Steep Inventory Drop - Investor's Business Daily
Investor's Business Daily | Saudi Aramco Cancels IPO; Oil Prices Jump On Steep Inventory Drop Investor's Business Daily In May, Saudi Arabia's energy minster said the IPO will "most likely" happen next year, but it depends on the oil market. Oil prices have come off their July highs, but were up sharply Wednesday on the bullish inventory report. Brent oil prices climbed ... Exclusive: Aramco listing plan halted, oil giant disbands advisors - sources Oil giant Saudi Aramco reportedly nixes $2.5T deal for world's largest public offering |
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