Saudi Aramco’s Profit Jumps 90 Percent on High Oil Prices
- Date: 14-Aug-2022
- Source: The New York Times
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Aramco’s Profit Jumps 90 Percent on High Oil Prices
The giant oil producer said it earned nearly $50 billion last quarter, the latest energy company to record outsize profits after the surge in crude prices since Russia’s invasion of Ukraine in February.
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