Saudi Aramco set to become world’s largest listed company

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Saudi Aramco is set to become the world’s largest listed company, based on the indicated valuation range of $1.6tn to $1.8tn. Some of the figures surrounding Aramco are staggering: it not only supplies 12% of the world’s oil and 5% of the world’s daily energy needs, but it does so very cheaply, with lifting costs of $2.80 per barrel. 

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