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Net profit jumped 90% year-on-year and allowed the world’s largest oil producer to post its second consecutive quarterly record after posting net profit of $39.5 billion in the first quarter.
Saudi oil giant Aramco reported record second-quarter net profit of $48.4 billion on Sunday, helped by a spike in crude prices following Russia’s war in Ukraine and strong postwar demand.
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Net profit jumped 90% year-on-year and allowed the world’s largest oil producer to post its second consecutive quarterly record after posting net profit of $39.5 billion in the first quarter.
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Source: BFM TV
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