Saudi Crown Prince Vows Aramco IPO by 2021

The transcript discusses the potential delays and valuation concerns surrounding an IPO, particularly after the merger of SABIC and RAMCO. It also covers the impact of oil prices and production capacity in response to Iranian crude sanctions. Additionally, it highlights Saudi Arabia's increased investment in SoftBank's new fund, aiming to double their previous contribution.

What was the main concern discussed regarding the IPO?

• The IPO was set to exceed expectations.

• The IPO was confirmed to be on schedule.

• The IPO was rumored to be canceled.

• The IPO was expected to be undervalued.

What is the speaker's expectation for the IPO valuation?

• Less than one trillion

• Three trillion

• Two trillion or more

• Exactly one trillion

How did Saudi Arabia respond to the disappearance of Iranian oil?

• By matching two barrels for one missing

• By reducing their oil production

• By increasing their oil prices

• By halting oil exports

What condition would prompt Saudi Arabia to increase oil supply?

• A decrease in global demand

• A request from the United Nations

• A need in the market for more supply

• A surplus in oil reserves

What is the total investment planned in the new SoftBank fund?

• $45 billion

• $90 billion

• $100 billion

• $150 billion