Offshore

Saudi Aramco follows big oil competitors as profit surges

The Saudi oil major boosted its profits to USD 25.5 billion in the second quarter, even as global oil demand remains below pre-Covid-19 levels.
Photo: Maxim Shemetov/REUTERS / X90156
Photo: Maxim Shemetov/REUTERS / X90156
Paul Wallace & Matthew Martin, Bloomberg

Saudi Aramco followed its Big Oil competitors with bumper earnings, boosted by a recovery in oil and chemical prices.

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