Saudi Aramco doubled both net profit and free cash flow last year
The Saudi oil giant benefited from rising oil and gas prices last year, with net earning totaling USD 110bn.
After seeing its annual profit drop to USD 49bn in 2020, affected by both Covid-19 and an oil price crisis, 2021 turned out be a markedly more lucrative year for the world’s largest oil company, Saudi Aramco.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Trafigura sets climate target for its ships
For subscribers
