World's largest oil firm saw collapsed earnings in 2020

Oil giant Saudi Aramco is regarded as the world's most profitable company, and despite its new annual report showing almost halved earnings, the outfit keeps its title.

BY DANIEL SKINBJERG

Oil supermajor Saudi Aramco, the world's most profitable and second-most valuable company, saw its bottom line plummet during 2020, according to a freshly published financial report cited by CNBC.

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