The Saudi Aramco IPO and restructuring is a central part of Riyadh's Vision 2030 , a program that aims to lessen the Saudi economy's reliance on oil exports. Though the offering is tentatively set to go live in 2018, its actual date will depend on how quickly oil prices rebound. In theory, OPEC's recent deal to cut production levels among its members could cause global demand for oil to outstrip supply by the end of 2017. If, however, the oil market does not correct itself until the following year, Riyadh may delay the company's partial privatization in hopes of fetching a higher price for it later. Regardless, the Saudi Aramco IPO will happen sooner or later, and when it does, it will dramatically change how the company operates.