Saudi Aramco fetches Q1 earnings of USD 39.5bn

The world’s most valuable company, Saudi Aramco, saw earnings rise by more than 80% in the first three months of the year compared to Q1 2021.
Photo: Maxim Shemetov/REUTERS / X90156
Photo: Maxim Shemetov/REUTERS / X90156
BY MIKKEL HOLMGAARD WINDING, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Oil prices have risen by 45% in 2022, and the surge is reflected in Saudi Aramco’s first quarterly report of the year.

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