¬†Spurred by the accelerating global energy transition, Saudi Arabia may soon sell more shares of its flagship oil company to finance projects aimed at diversifying its hydrocarbon-reliant economy.¬† The plan underscores Saudi Arabia’s urgency to raise crude prices in the short term, analysts say, as uncertainty over the future of oil demand while the world continue to grapple with the coronavirus pandemic could hamper Aramco’s valuation in a share listing. “I do not expect that there will be a rush to offer more shares in Saudi Aramco but selling a bigger stake in the company was always been part of the crown prince’s plans and one of his key objectives,” said Neil Quilliam, managing director of […]