Riyadh | Saudi oil major Aramco has seen a huge increase in revenue. Last year there was an increase of 46.5 percent compared to the previous year. Aramco’s boom was driven by various factors, including the Russia-Ukraine war.
Aramcok posted record earnings last year. The company had a profit of 16.1 crore dollars. Oil is facing a major shortage at the international level. Meanwhile, Aramco, which is 95 percent owned by the Saudi government, has made a huge jump.
America’s Exxon Mobil earned Rs 5570 crore in oil sales last year.