State oil giant Saudi Aramco confirmed on Friday that it has been studying various options to list in capital markets. The firm said in a statement that the options included the listing « of an appropriate percentage of the company’s shares and/or the listing of a bundle of its downstream subsidiaries ». Deputy Crown Prince Mohammed bin Salman told The Economist magazine in a transcript of an interview released on Thursday that the Saudi government was considering whether to sell shares in Aramco as part of a privatisation drive to raise money in an era of cheap oil.
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