Saudi Arabia has confirmed it will float a stake in its national oil producer — and at a stroke make the biggest beast in the sector available to global investors. Should BP (LSE: BP) and Shell (LSE: RDSB) be nervous?
Owain Bennallack owns shares of BP and Royal Dutch Shell B. The Motley Fool UK has recommended BP and Royal Dutch Shell B. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.