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Possible Stock IPO by Saudis' Aramco Could Create Trillion-Dollar Company

Saudi Arabia's state-owned oil company is considering selling shares to investors in a public offering that could set the company's value at $1 trillion, or possibly much more. Saudi Aramco, as the company is known, controls the world's largest oil reserves, and currently accounts for 10 percent of the entire world's oil production — three times as much as ExxonMobil, the next largest producer. Financial markets would set the price of Aramco shares if the company...

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