Saudi Arabia’s crown prince insisted the stalled plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering by 2021 and sticking to his ambitious view the state-run company is worth $2 trillion or more, Bloomberg reported on Friday. “I believe late 2020, early 2021,” he said, discussing the timing of the IPO in an interview with Bloomberg at the royal palace in Riyadh. “The investor will decide the price on the day. I believe it will be above $2 trillion. Because it will be huge.” Aramco declined to comment. For the past two years, Saudi Arabia has prepared to place up to 5 percent of its national oil company on the stock market. Officials talked up the Saudi Aramco […]