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Largest offering in stock history: Saudi Aramco to seek dual listing in SG
With exploding demand and supply shortage, on Monday the Crude Oil WTI futures reached $92, a seven-year high. At the same moment, the world もっと見る
With exploding demand and supply shortage, on Monday the Crude Oil WTI futures reached $92, a seven-year high. At the same moment, the world's biggest oil giant by market cap, Saudi Aramco, is reportedly to seek a secondary listing in either Singapore or London. Selling as much as a US$ 50 billion stake, the potential listing could result in the largest one in stock market history, breaking the record by itself in 2019.
What do you think of Saudi Aramco's secondary listing while oil prices at 7-year highs? How to invest oil when prices hit a 7-year high?
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