Aramco Begins Preparing For International Listing

Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg, the timeline has been shortened. However, the sources added the international listing is unlikely to take place this year because of the price outlook for oil and the unfavorable market conditions overall. The Aramco listing became something of a legend with the odds of it happening ever shifting constantly as oil prices moved up and down and demand and supply…