{"id":413559,"date":"2021-05-05T10:30:12","date_gmt":"2021-05-05T05:00:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413559"},"modified":"2021-05-05T11:49:54","modified_gmt":"2021-05-05T06:19:54","slug":"saudi-aramcos-profits-rise-by-30-in-first-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramcos-profits-rise-by-30-in-first-quarter\/","title":{"rendered":"Saudi Aramco&#8217;s profits rise by 30% in first quarter"},"content":{"rendered":"<p>Saudi Aramco said Tuesday its profits soared by 30% in the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices. The results come as some of the world&#8217;s biggest economies are clawing their way out of recession and easing restrictions amid vaccine rollouts against Covid-19. <\/p>\n<p>The company&#8217;s financial results show a net income of $21.7 billion for the first three months of the year, compared to the same period in 2020 when Aramco&#8217;s earnings plunged to $16.7 billion as the early effects of the coronavirus pandemic were beginning to dramatically drive down global demand for oil. Brent crude plummeted to around $20 a barrel at its lowest point last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco said Tuesday its profits soared by 30% in the first-quarter of the year, compared to last year, riding on the back of higher crude oil prices. The results come as some of the world&#8217;s biggest economies are clawing their way out of recession and easing restrictions amid vaccine rollouts against Covid-19. The company&#8217;s financial results show a net income of $21.7 billion for the first three months of the year, compared to the same period in 2020 when Aramco&#8217;s earnings plunged to $16.7 billion as the early effects of the coronavirus pandemic were beginning to dramatically drive down [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-413559","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=413559"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413559\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}