Category: global oil market

Saudi Aramco profits soar 39% in the third quarter to $42 billion fueled by higher global crude prices

Newsbreak 5 months ago in Amin Nasser, Around The World, global oil market, Markets, MI Exclusive, Oil, oil prices, OPEC, opec production, opec production cut, Russia, Saudi Aramco, Ukraine 0

Saudi Aramco. Hamad I Mohammed/Reuters Saudi Aramco posted a 39% leap in third-quarter revenue to $42.4 billion in is earnings report Tuesday.  The surge in crude oil prices has pushed bumper earnings for vitality majors throughout the world. Higher oil prices pushed by Russia’s warfare and OPEC+ cuts have helped carry the firm’s profits.  Saudi Aramco posted a 39% leap in third-quarter revenue Tuesday, thanks…