Saudi Arabia is raising production and pressing ahead with a global expansion plan for its state oil company ahead of what could be the world’s largest ever stock market listing.
In some of the first comments on Riyadh’s oil policy since a government reshuffle at the weekend, Amin Nasser, Saudi Aramco
chief executive, emphasised the company’s willingness to compete with rivals, putting on notice rival oil producers from regional adversary Iran to the US shale sector.
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