Watson Institute for International and Public Affairs

Saudi Arabia Launches Aramco IPO to Raise Revenue Amid Low Oil Prices

January 12, 2016 Sputnik News

Jeff Colgan comments on the idea of Saudi Arabia's national oil giant, Aramco, going public in the wake of record low oil prices. "The country is running a huge fiscal deficit, and this is one way to plug that whole."

Saudi Arabia Launches Aramco IPO to Raise Revenue Amid Low Oil Prices (comments by Jeff Colgan) – Sputnik News