Saudis boost oil reserves ahead of Aramco's planned IPO
The oil nation has published the first audit of its massive oil reserves in 40 years, and its reserves are slightly higher than the figure previously published by the government.
BY ANTHONY DiPAOLA AND VIVIAN NEREIM, BLOOMBERG
Saudi Arabia published the first audit of its vast oil reserves since it nationalized its energy industry about 40 years ago, saying its reserves total 268.5 billion, slightly more than the 266.3 billion figure that the government published previously.
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