The Aramco IPO value is reported to be over $2 trillion, but that eye-popping number might not be the most accurate valuation.
Those massive numbers have caught investors' attentions, and they have a lot of people hoping to get a slice of the Saudi Arabia oil company.
Investors hoping to own shares of Aramco stock are anxious to learn what the Saudi Aramco IPO price will be.
With a potential valuation of over $2 trillion, investors across the world know Aramco is a hugely valuable company.
In Dow Jones news today, the Dow was down as oil prices continue to fall and investors wait for earnings reports from Disney and Nvidia.
Gold prices and silver prices also fell, and the markets are trying to guess if the Fed will raise interest rates in June.
by Ashley Moore
The energy sector as a whole is down with low energy prices, but these energy stocks to short are underperforming their peers.
Oil and coal prices are expected to remain low in 2017, providing little to no increased profitability for energy stocks this year.
Here's how to profit from low energy prices...
The big Dow Jones news today has to do with the newly released Q1 GDP numbers.
Despite the GDP for the first quarter missing analysts expectations, markets are still ticking higher.
Here's what you need to know before markets open today...
There's a major discrepancy over the value of Saudi Arabia's state-owned oil company, and that could have a big effect on the Saudi Aramco IPO price.
Saudi officials now say the $2 trillion Aramco IPO valuation could be off by more than $500 billion.
In Dow Jones news today, the markets were down on a string of bad economic data, controversies, and political tension.
After reporting huge losses, Toshiba warned it may not be able to survive. Also, United Airlines stock fell after a video was released that showed a passenger being dragged off a plane.
Aramco controls 20% of the world's proven oil reserves, or 267 billion barrels of oil, and that has investors eager to buy Saudi Aramco stock.
They'll get their chance soon.
But potential investors need to pay careful attention to what's going on...
In Dow Jones news today, the Dow was slightly up as investors wait for the March FOMC meeting minutes to be released.
The meeting minutes could provide clues as to when investors can expect the next rate hike.
Crude oil prices have rallied 11% since OPEC agreed to slash oil output in November.
And with prices heading even higher in 2017, people are looking for the best way to invest in oil.
