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  • 30-03-20

    Saudi Arabia's national oil company's net income USD88.2 billion in 2019

    (MENAFN) In 2019, Saudi Aramco's net profit was higher than the joint total net profit of the world's 12 biggest oil companies.


    As said in a financial results statement, Saudi Arabia's national oil company had a net profit of USD88.2 billion in 2019.


    The financial results showed, the world's 12 biggest oil companies had a total net profit of USD63.9 billion last year.


    The U.S.' ExxonMobil had a net profit of USD14.34 billion, Chevron had USD2.92 billion, while ConocoPhillips posted a yearly profit of USD7.2 billion in 2019.

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