Saudi Aramco Q2 profit surges almost 4 times

Saudi Aramco Q2 profit surges almost 4 times
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10.08.2021

MOSCOW (MRC) -- Saudi Aramco, the world's largest oil company, said Aug. 8 that its hydrocarbons production fell 8% to 11.7 million boe/d in the second quarter from the year-earlier period due to OPEC+ cuts, but its profit surged almost four times thanks to higher oil prices and a recovery in worldwide demand, reported S&P Global.Net income soared to USD25.5 billion in the second quarter

Full article at mrcplast.com

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