Saudi Aramco forecasts oil demand growth for rest of decade as profits hit $42Bln and natural gas output rises

Tuesday, 01 November 2022

Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported an almost 40 percent rise in third-quarter net income to $42.4 billion as global crude oil prices were affected by “continued economic uncertainty” and it forecast that oil demand would continue to grow for the rest of the decade.


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Last modified on Tuesday, 01 November 2022 07:10
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