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The world's most valuable company could be going public

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According to a report in The Economist, Saudi Aramco, the state-owned company that is the world's largest oil producer, could soon be listed on a public exchange. Muhammad bin Salman, Saudi Arabia's deputy crown prince, told The Economist a decision by the kingdom regarding an offering of Aramco would happen in the next few months.

Saudi officials say Saudi Aramco is worth "trillions of dollars," which would make it by far the largest company in the world.

Salman told The Economist: "Personally, I'm enthusiastic about this step. I believe it is in the interest of the Saudi market, and it is in the interest of Aramco."

The Economist's report added that options being considered for an Aramco public float included "listing some of its petrochemical and other 'downstream' firms, to selling shares in the parent company, which includes the core business of producing crude."

This potential market debut for the company comes amid a continued slide in the price of crude oil.

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