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Saudi Aramco I.P.O. Is Announced

Saudi Aramco I.P.O. Is Announced

BREAKINGThe oil-producing behemoth is moving to become a public company. And while the I.P.O. may be the biggest ever, it falls short of Saudi Arabia’s audacious goals.Saudi Aramco’s Ras Tanura oil refinery and terminal last year.Credit…Ahmed Jadallah/ReutersNov. 3, 2019Updated 2:23 a.m. ETLONDON — Saudi Arabia said on Sunday that it had approved plans for the…