Saudi Aramco Posts Record Profit on the Back of High Energy Prices

Saudi Aramco Posts Record Profit on the Back of High Energy Prices

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Saudi Aramco, Saudi Arabia's state-run oil company, reported record profits for 2022 on Sunday. The company saw its net income jump 47 percent to $161 billion last year, as global oil and gas prices had surged in the wake of Russia's invasion of Ukraine. With other oil giants like Exxon Mobil,…

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