🇬🇧

Saudi Aramco still world's most profitable company despite oil price hit

Video Credit: Rumble
Published on August 12, 2019 - Duration: 01:46s

Saudi Aramco still world's most profitable company despite oil price hit

Top oil producer Saudi Aramco maintained its position as the world’s most profitable company on Monday even as it reported a 12% drop in first-half net income to $46.9 billion (£38.9 billion) due to lower oil prices.

Francis Maguire reports.

Advertisement

You are here

Related news from verified sources

Top oil producer Saudi Aramco maintained its position as the world's most profitable company on Monday even as it reported a 12% drop in first-half net income to...
on August 12, 2019 • Reuters

Saudi Aramco reported a 12% fall in half-year net profit on Monday, yet remained the world's most profitable company, while India's Reliance Industries said...
on August 12, 2019 • Reuters

The Saudi Crown Prince Mohammed Bin Salman is still holding fast to the notion that Saudi Arabia’s crown jewel, Saudi Aramco, is valued at $2 trillion, while...
on August 7, 2019 • OilPrice.com

You might like