Saudi Aramco’s full-year profit more than doubles on soaring oil prices
An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019.Maxim Shemetov | ReutersSaudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.Aramco’s 2021 net income increased by 124% to $110 billion in 2021, compared to $49…Continue Reading