Saudi Aramco’s value is questioned as an IPO is around the corner and government changes make headlines. May 7, 2016 was a monumental day for Saudi Arabia. Over 50 royal decrees were issued, among them replacing the nation’s oil minister and reshuffling governmental responsibilities, as well as replacing the central bank chief. The moves come as the initial public offering of oil giant Aramco gained speed amidst questioning Saudi Aramco value at $2.5 trillion. Saudi Arabia makes massive changes in sweeping royal decrees The recent changes in Saudi Arabia, described by the UK Telegraph as “a profound shake-up of the…
Saudi Aramco Value Questioned Amid Government Reshuffling
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.