Oil giant Saudi Aramco has profits of $161B in 2022
Headline from KOB 4
Oil giant Saudi Aramco says it earned a $161 billion profit last year. The firm, known formally as the Saudi Arabian Oil Co., said in its annual report published Sunday that higher crude oil prices propelled its profits. It made the announcement on Riyadh’s Tadawul stock exchange.
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Oil giant Saudi Aramco says it earned a $161 billion profit last year. The firm, known formally as the Saudi Arabian Oil Co., said in its annual report published Sunday that higher crude oil prices propelled its profits. It made the announcement on Riyadh’s Tadawul stock exchange.
Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.
The world's biggest oil company has announced it made $161 billion in profits in 2022, a whopping figure for the corporation and its main shareholder, the Saudi government.
The Saudi Arabian Oil Company, commonly referred to as Saudi Aramco, posted a record profit of $161 billion in 2022 amid all-time high oil prices and increased demand as Russia invaded Ukraine.
Oil giant Saudi Aramco says it earned $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists. The monster
Saudi Arabia's national oil producer Aramco achieved "record" profits totaling $161.1 billion, a nearly 50% increase. The firm saw prices skyrocket after Russia invaded Ukraine, leading to soaring global energy prices.
Oil giant Saudi Aramco reported Sunday its profits surged to $161 billion last year off higher crude prices, a record result for an energy firm crucial to the kingdom's economy.
Saudi Arabian Oil Co., also known as Aramco, announced it earned a record-high profit of $161.1 billion during 2022 following higher crude oil prices that soared mostly during Q3.
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Oil giant Saudi Aramco has profits of $161B in 2022 | Since Then
