{"id":562144,"date":"2023-03-13T12:48:35","date_gmt":"2023-03-13T07:18:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=562144"},"modified":"2023-03-13T13:17:25","modified_gmt":"2023-03-13T07:47:25","slug":"saudi-aramcos-2022-net-profit-jumps-to-46-as-oil-demand-rises","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramcos-2022-net-profit-jumps-to-46-as-oil-demand-rises\/","title":{"rendered":"Saudi Aramco\u2019s 2022 net profit jumps to 46% as oil demand rises"},"content":{"rendered":"<p>Saudi Aramco said on Sunday it achieved &#8220;record&#8221; profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world&#8217;s biggest crude exporter.<\/p>\n<p>The mostly state-owned energy giant, the world&#8217;s second most valuable company behind Apple, said in a filing with the Saudi stock market that net income for 2022 was up 46 percent from $110 billion in 2021.<\/p>\n<p>The results &#8212; the strongest since Aramco became a listed company in 2019 &#8212; were &#8220;predominantly due to the impact of higher crude oil prices and volumes sold, and stronger refining margins,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco said on Sunday it achieved &#8220;record&#8221; profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world&#8217;s biggest crude exporter. The mostly state-owned energy giant, the world&#8217;s second most valuable company behind Apple, said in a filing with the Saudi stock market that net income for 2022 was up 46 percent from $110 billion in 2021. The results &#8212; the strongest since Aramco became a listed company in 2019 &#8212; were &#8220;predominantly due to the impact of higher crude oil prices and volumes sold, and stronger refining [&hellip;]<\/p>\n","protected":false},"author":44,"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-562144","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\/562144","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=562144"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562144\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=562144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=562144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=562144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}