The oil giant Saudi Aramco announced that it earned a $161 billion profit last year. Higher crude oil prices propelled the profits. The announcement was made on Riyadh's Tadawul stock exchange. In 2021, Aramco declared profits of $110 billion, as compared to $49 billion in 2020 when the world faced the worst of the coronavirus pandemic lockdown, travel disruptions and oil prices briefly going negative.from Energy-Industry-Economic Times https://ift.tt/latjZwk
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