Contrary to what oil market observers have been saying for months, the plans for listing 5 percent in Saudi Aramco have never been connected to the state of the oil market and the price of oil, Aramco’s chief executive Amin Nasser told Al Arabiya TV on Tuesday. “The offering since the beginning was never linked to the market or the condition of the market,” Nasser told the television on the sidelines of the Future Investment Initiative conference in Riyadh. “There is no doubt, oil market stability is very important and Saudi Arabia has a leading position in the oil market,” Aramco’s chief told Al Arabiya, as quoted by Reuters. When Saudi Arabia started discussing plans to take a small portion of its oil giant public, oil prices were in the $40s or below, and the IPO “was not linked back then that the price should reach a certain level.” […]