Business World

Saudi oil giant Aramco records profit of $48.4 billion for second quarter of 2022

Saudi oil giant Aramco has broken its own record with a $48.4 billion profit for the second quarter of 2022. It is a 90% year-on-year increase and marks the biggest earnings for the world’s largest energy exporter since its public listing three years ago. Russia’s invasion of Ukraine has seen oil and gas prices skyrocket. […]