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Podcast: Dollar & Sense: The Brookings Trade Podcast
Episode: The Saudi Aramco IPO and the future of global oil markets
Description: Last month, Saudi Arabia sold about 1.5% of Saudi Aramco, a government-owned oil company, in an in an initial public offering (IPO). Shares have been sold on the Tadawul, Saudi Arabia's stock exchange, and while the IPO has valued Aramco at $1.7 trillion, its performance was disappointing overall. To discuss the Aramco IPO and other developments in the global oil market, David Dollar is joined by Samantha Gross, a fellow in the Foreign Policy program at Brookings and Energy Security and Climate Initiative. Their conversation covers Saudi Arabia's efforts to diversify its economy, long-term trends in oil production and deman...