Saudi Aramco unveils record $48.4 billion profit in Q2 of 2022
August 14, 2022 / 10:25 AM
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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.
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