Business Magazine

High Oil Prices Help Saudi Aramco Earn $88B in First Half

Posted on the 14 August 2022 by Phil's Stock World @philstockworld

DUBAI, United Arab Emirates (AP) - Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown prince's spending power as ...

This post was originally published on this site


Back to Featured Articles on Logo Paperblog