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Saudi Aramco: Saudi oil giant’s profit rises by 288% as Covid-19 restrictions ease worldwide

The Saudi Arabian Oil Company, Saudi Aramco, reported profits jump as a result of rise in oil prices and as demand recovers. The company added that the easing of Covid-19 restrictions, vaccinations, stimulus measures and the return of economic activity have supported results. Crude oil prices have risen by more than 30% since the start […]