Oil Prices and the Aramco IPO

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dan_s
Posts: 37325
Joined: Fri Apr 23, 2010 8:22 am

Oil Prices and the Aramco IPO

Post by dan_s »

IMHO the investment bankers working with Saudi Arabia on this deal will do everything they can to jack up oil prices prior to the IPO. This is more than a $Trillion IPO.

https://www.investing.com/analysis/aram ... -200173510

In addition to a much tighter global oil market by year-end, Goldman Sachs has a lot of "tricks" it can use to increase oil prices.
Dan Steffens
Energy Prospectus Group
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