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    High oil prices help Saudi Aramco earn $88 billion in H1

    14 Aug 2022

    Saudi energy company Aramco said Sunday its profits jumped 90 per cent in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

    Saudi Aramco profit jumps 82% in first quarter on high oil prices

    15 May 2022

    Saudi Aramco on Sunday posted an 82 per cent jump in first quarter profits, buoyed by a global surge in oil prices that has made it the world’s most valuable company.

    Saudi oil giant Aramco transfers 4% of shares to sovereign fund

    13 Feb 2022

    Quoting Saudi Crown Prince Mohammed Bin Salman, SPA reported that the "transfer of four per cent of Aramco shares to the Public Investment Fund... is part of the kingdom's long-term strategy to support the restructuring of its economy".

    Opec+ agrees to bigger output boost amid Russian isolation

    02 Jun 2022

    Major oil producers led by Saudi Arabia and Russia agreed on Thursday to open the taps wider than expected amid soaring prices and hard on the heels of an EU ban on Russian oil imports.

    Saudi Aramco's quarterly net income up 39% to $42.4 billion

    01 Nov 2022

    Aramco's net income rose to $42.4 billion for the quarter to Sept. 30 from $30.4 billion a year earlier, it said in a bourse filing. That was just above the median net profit forecast of $41.7 billion from 16 analysts.

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