Energy giant Saudi Aramco on Sunday posted a 44.4 percent slump in 2020 net profit due to lower crude prices, as the coronavirus pandemic weighed heavily on global demand. Aramco, Saudi Arabia’s cash cow, has revealed consecutive falls in profits since it began disclosing earnings in 2019. That has...
https://www.hellenicshippingnews.com/saudi-aramco-2020-profits-slump-on-lower-crude-prices/