Saudi Aramco profit jumps as oil prices soar - Fox Business


8/14/2022 12:00:00 AM2 years 8 months ago
by Ken Martin

The Saudi state oil company reported soaring profits for the second quarter on the back of higher oil prices and refining margins.

Soaring oil prices has led to big profits at Saudi Aramco. The Saudi state oil company reported a 90% rise in second-quarter profit on Sunday, beating analyst expectations. Besides higher oil price… [+1483 chars]

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