Saudi Aramco’s full-year profit more than doubles on soaring oil prices

March 21, 2022 7:51 AM

DUBAI (REUTERS) – Saudi Arabia’s state oil company Aramco, under pressure from the West to boost output amid soaring prices, pledged on Sunday (March 20) to hike investments by around 50 per cent this year as it reported a more than doubling in 2021 profits.

Source : https://www.straitstimes.com/business/companies-markets/saudi-aramcos-full-year-profit-more-than-doubles-on-soaring-oil-prices