Saudi Aramco Profit Soars on Higher Prices and Refining Margins (11)

Russia News.Net 2022.08.14 19:56
Voice of America 14 Aug 2022, 18:36 GMT+10 DUBAI, UNITED ARAB EMIRATES - State oil giant Saudi Aramco reported a soaring 90% rise in second-quarter profit on Sunday, beating analyst expectations and propelled by higher oil prices, volumes sold and refining margins. The company expects 'oil demand to continue to grow for the rest of the decade, despite downward economic pressures on short-term global
OIL, AMIN, PROFIT, PRICE, FOLD, MARGIN, Russia, SA