What if.....?

What if Saudi Arabia decided to exit OPEC's production cut deal as soon as its IPO is launched? They need higher oil prices to get what they want for its 5% stake in Aramco, but after it has that milestone under its belt, does it really need higher oil prices, or can it do without?

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Higher oil prices are only one of the things that Aramco needs for this to be attractive, and it doesn't look like they're going to much higher than they are right now. 

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On 12/22/2017 at 10:28 AM, Kate Turlington said:

Higher oil prices are only one of the things that Aramco needs for this to be attractive, and it doesn't look like they're going to much higher than they are right now. 

well, things are looking up a bit this week on the back of Libyan pipeline explosion and Forties setback. But I hope Aramco isn't holding its breath for much higher than they are today.

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