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Saudi Aramco's Q1 profits surge 80%

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Oil giant Saudi Aramco reported an 80% increase in first-quarter profits.

The company's net income was $39.5 billion, up from $21.7 billion a year earlier.

It's the company's highest quarterly profits since 2019.

Read more from The Associated Press.

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jfaught@regalplastic.com

Record profits at our expense. Go Big Red 2022.

Monday, May 16, 2022
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