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Saudi Aramco Weighs IPO of Trading Unit Amid Oil Boom

  • Saudi oil giant working with Goldman, JPMorgan, Morgan Stanley
  • Aramco Trading business could be worth more than $30 billion
ADIPEC 2018 Annual Energy Conference
Photographer: Christopher Pike/Bloomberg
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Saudi Aramco is considering an initial public offering of its trading arm amid a boom in oil prices in what could be one of the world’s biggest listings this year, according to people with knowledge of the matter.