Saudi Aramco beats quarterly profit forecast with 30% rise in Q1 2021 earnings

Saudi Aramco beats quarterly profit forecast with 30% rise in Q1 2021 earnings
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11.05.2021

MOSCOW (MRC) -- State-run oil producer Saudi Aramco beat analysts' forecasts with a 30% rise in first-quarter net profit, helped by strong oil prices, reported Reuters.Earnings by global energy companies such as Exxon Mobil have climbed on the back of rising crude prices, which are up by about a third this year, as fuel demand recovers from the pandemic and as a global surplus of crude sh

Full article at mrcplast.com

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