Oil giant Saudi Aramco says quarterly profits up as crude prices surge

Saudi oil giant Aramco said Sunday its net profit rose by 25.5 percent in the first quarter compared to the same period last year, after the Middle East war sent oil and gas prices soaring. The result comes as uncertainty plagues global markets over the conflict’s trajectory, with Iran restricting the passage of hydrocarbons through […] The post Oil giant Saudi Aramco says quarterly profits up as crude prices surge appeared first on Digital Journal.