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Saudi Aramco still world's most profitable company despite oil price hit

Monday, August 12, 2019 - 01:47

Top oil producer Saudi Aramco maintained its position as the world’s most profitable company on Monday even as it reported a 12% drop in first-half net income to $46.9 billion (£38.9 billion) due to lower oil prices. Francis Maguire reports.

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Top oil producer Saudi Aramco maintained its position as the world’s most profitable company on Monday even as it reported a 12% drop in first-half net income to $46.9 billion (£38.9 billion) due to lower oil prices. Francis Maguire reports.

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Saudi Aramco still world's most profitable company despite oil price hit

Monday, August 12, 2019 - 01:47