Loading...

°C,

Saudi Aramco unveils record $48.4 billion profit in Q2 of 2022

August 14, 2022 / 10:25 AM
Sharjah 24 – AFP: Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia's war in Ukraine and a post-pandemic surge in demand sent crude prices soaring.
Net income leapt 90 percent year-on-year for the world's biggest oil producer, which clocked its second straight quarterly record after announcing $39.5 billion for Q1.
 
August 14, 2022 / 10:25 AM

Related Topics

More on this Topic

Rotate For an optimal experience, please
rotate your device to portrait mode.