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The Saudi Aramco IPO and the future of global oil markets

The Saudi Aramco IPO and the future of global oil markets

FromDollar & Sense: The Brookings Trade Podcast


The Saudi Aramco IPO and the future of global oil markets

FromDollar & Sense: The Brookings Trade Podcast

ratings:
Length:
22 minutes
Released:
Jan 6, 2020
Format:
Podcast episode

Description

Last month, Saudi Arabia sold about 1.5% of Saudi Aramco, a government-owned oil company, in an in an initial public offering (IPO). Shares have been sold on the Tadawul, Saudi Arabia’s stock exchange, and while the IPO has valued Aramco at $1.7 trillion, its performance was disappointing overall. To discuss the Aramco IPO and other developments in the global oil market, David Dollar is joined by Samantha Gross, a fellow in the Foreign Policy program at Brookings and Energy Security and Climate Initiative. Their conversation covers Saudi Arabia’s efforts to diversify its economy, long-term trends in oil production and demand, and how the recent killing of Iranian Maj. Gen. Qassem Soleimani could affect markets. Subscribe to Brookings podcasts here or on Apple Podcasts, send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. Dollar and Sense is a part of the Brookings Podcast Network.
Released:
Jan 6, 2020
Format:
Podcast episode

Titles in the series (100)

Dollar and Sense is a podcast about all things trade. From local ports and markets to international trade and diplomacy, Brookings Institution Senior Fellow David Dollar and guests explain how our global trading system is built and its effect on our everyday lives.