I shared this on FB recently but thought some of you here might enjoy reading it and commenting also;
Strange Coincidence:
Saudi's government/royal family owned oil company ARAMCO has been working towards an IPO. It would likely be the world's largest.
I literally read an article a few days before the attack on their oil refineries that they needed to get$80-$85 a barrel in order for their IPO to really make them money...I don't think this was the exact same one but it's close enough:
https://www.cnn.com/2019/09/09/inves...ces/index.html
Then we have another article talking about how JPMorgan and others have been vying to be the advisory firm to launch and do the IPO: https://www.foxbusiness.com/markets/...udi-aramco-ipo
Then here is an article that talks about how the Saudi IPO could potentially not do very well because of our (USA) softening stance on Iran and their volume of production, firing Bolton (oil prices dropped), and basically says at the current market (as of 9/12/19, 3 days before the refinery attack) the market is going to have to do a lot better price per barrel in order to make it to the 2 Trillion valuation they're looking for.
QUOTE: " Saudi Arabia over the weekend appointed a new energy minister, Prince Abdulaziz bin Salman, for the express purpose of lifting oil prices ahead of the IPO. That job is now looking a lot harder than it did just a few days ago."
https://www.foxbusiness.com/energy/s...ranian-u-s-oil
Then, the oil refinery attack on 9/15/19. Prices have increased already, with speculation they will increase even more due to higher tensions with Iran and potential for conflict/embargos/sanctions on Iran and their oil supplying.
Coincidence, or something more?