Analysis

SAUDI ARAMCO

Saudi Aramco Reports $47 Billion in Earnings; Plans to Buy Reliance Refining Stake

In its first-ever half-year earnings report, Saudi Aramco said the company had earned a net income of $46.9 billion in the first half of 2019, a 12 percent decrease from $53 billion in the period a year earlier, when oil prices were higher.
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