Selling Aramco threatens the future of Saudi Arabia12:15 - 18/06/2018
Information / Baghdad ..
The New York Times reported that among the plans announced by the Saudi crown prince was the inclusion of the Saudi oil giant, Aramco.
The US newspaper said that the idea, which is still waiting for zero hour to start, could expose the world's largest oil company and jeopardize the future of Saudi Arabia, as it will open the door to investors to influence oil prices, after it was a resolution A Saudi sovereign.
Aramco's investment offer is one of the most awaited and awaited offers. The giant is estimated to be worth about $ 2 trillion, but selling the company's shares will make it more vulnerable to external forces.
"Now that oil prices reach $ 70 a barrel, there is pressure on Saudi Arabia and Aramco to increase production, which could make them at odds with some oil-exporting countries during their meeting next week."http://www.almaalomah.com/2018/06/18/318960/