Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg, the timeline has been shortened. However, the sources added the international listing is unlikely to take place this year because of the price outlook for oil and the unfavorable market conditions overall. The Aramco listing became something of a legend with the odds of it happening ever shifting constantly as oil prices moved up and down and demand and supply outlooks got revised time and again. The international leg of the listing, always part of original plans, was a challenge, too, because the venues considered for this leg were very few and each had problems attached to it: litigation dangers in New York after the 9/11 legislation allowing the U.S. to sue Saudi nationals for their role in the attacks, […]