Saudi Arabian Oil Co. may open a potential share offering to international investors and confirmed that the kingdom’s crude reserves won’t be put up for sale.
Saudi Aramco, as the world’s largest oil business is known, is still considering “all options” in any future public offering, including the sale of shares internationally, Chairman Khalid Al-Falih said in an interview on Al Arabiya television. The company isn’t considering selling its oil reserves, he said.
