"We are on track in 2018... but the listing (details) are still under discussion," Prince Mohammad told Reuters in an exclusive interview on Wednesday in Riyadh for release on Thursday. Undoubtedly the biggest IPO in the world must be accompanied by a lot of rumours," Prince Mohammad said. "Aramco would prove itself on the ground on the day of the IPO. Actually when I talked about the valuation, I talk about $2 trillion, it could be more than $2 trillion. "I think now the oil market (absorbed) the shale oil supply, now we are regaining things again."

Source: Economic Times October 26, 2017 08:47 UTC