Saudi Arabia’s state oil company has hired an energy consultant to assess its reserves of crude oil, people familiar with the matter said, opening a window to a closely guarded secret ahead of its initial public offering. The audit by Gaffney, Cline & Associates, a U.K.-based consultancy hired late last year, is a prerequisite for listing Saudi Arabian Oil Co., better known as Aramco. The listing could happen as soon as next...

Source: Wall Street Journal January 26, 2017 12:27 UTC