Saudi oil giant Aramco reports record profit of €151 billion for 2022

Saudi oil giant Aramco reports record profit of €151 billion for 2022

Saudi oil giant Aramco has announced a record profit of €151 billion for 2022, marking a 46.5% rise for the state-owned company compared with last year.

Aramco is the latest energy firm to report record profits, after energy prices spiked following Russia's full-scale invasion of Ukraine in February 2022.