9486
0
Aramco Reports Record Profit
Oil giant Aramco reports record profit. Aramco reported more than 80 percent increase in net profit, exceeding market expectations.
Yazar: Eylem Özer
Yayınlanma: 16 Mayıs 2022 01:20
Güncellenme: 25 Aralık 2024 03:49
Aramco Reports Record Profit
Saudi oil company Aramco's net income rose to $39.5 billion in the first quarter of 2022, an increase of 82 percent compared to the same period last year. Reports record profit.
Oil giant Aramco reports record profit. Aramco reported more than 80 percent increase in net profit, exceeding market expectations. The company's net income increased by 82 percent from $21.7 billion to $39.5 billion in the first three months of the year, compared to the same period last year. Aramco's record quarter came in the midst of a stellar quarter for Big Oil, which benefited from a sharp rise in oil and gas prices. According to Aramco its gains were driven by higher crude oil prices, increased sales volumes and improved downward margins. Making a statement on the subject, Aramco President and CEO Amin Nasser said:“During the first quarter, our strategic downward expansion further advanced in both Asia and Europe, and we continue to develop opportunities that complement our growth targets. Against the backdrop of increasing volatility in global markets, we remain focused on helping meet the world's demand for reliable, affordable and increasingly sustainable energy.”
İLGİLİ HABERLER
European stocks soared and focus shifted to German retail sales after Powell's speech!
Forex Signal For TRY/USD: Inflation Slowdown in November.
Forex Signal For GBP/USD: Bullish Trend Still Not Breaking While Recovery Continues.
Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.
Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.
En Popüler Haberler
Yorum Yap
Yorumlar
Henüz yorum yapan yok! İlk yorumu siz yapın...