Saudi oil company Aramco doubles its profits in the first half
By, Franyi Sarmiento, Inspenet, November 8, 2021.
The largest oil producing company in the world, Saudi Arabian Oil Co (Saudi Aramco) doubled its profits during the first semester, reaching 47,180 million dollars, which is equivalent to 103% more than the 23,230 recorded between January and June 2020, thanks to the recovery in demand and crude oil prices, according to a company statement.