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Saudi Arabia's US$2 trillion Aramco vision runs into market reality

Analysis based on oil reserves and cash-flow projections suggests the oil producer may be a fifth of that amount
Monday, February 27, 2017 - 05:50

aramco.jpg
Saudi Arabia has said oil giant Saudi Aramco is worth more than US$2 trillion, enough to consume Apple Inc twice, and still have room for Google parent Alphabet Inc.

London

SAUDI Arabia has said oil giant Saudi Aramco is worth more than US$2 trillion, enough to consume Apple Inc twice, and still have room for Google parent Alphabet Inc.

The kingdom may have to settle for less. A lot less.

Industry executives, analysts and investors told

sentifi.com

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