Headline Details

Large Aramco IPO to hit rival energy firms - Woodside CEO

Published on: Tue, 10 Sep 2019 15:00:23 UTC
News Agency: Reuters
Description:
A large share sale of Saudi oil giant Aramco will suck out capital from rival energy firms as investors will reallocate funds within their shrinking pot for fossil fuel stocks, according to the chief executive of Australia's Woodside.

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