If it wasn’t a sales pitch, it really sounded like one. “Aramco is by far the lowest-cost producer,” said Khalid al-Falih, the Saudi oil minister, at the Future Investment Initiative in Riyadh. The October gathering, dubbed “Davos in the desert,” brought together a who’s who of business and finance, including the bosses of Blackstone Group LP and Credit Suisse Group AG . Al-Falih was talking up Saudi Arabian Oil Co. , also known as Aramco, the state-owned oil company the kingdom is planning to sell shares of. An error has occurred You have 1 free Businessweek article left. Register for more. Register or Sign In Already a subscriber? Link your Bloomberg Terminal account or your Businessweek subscription account to access all articles. Aramco is the world’s […]