Saudi Aramco Announces Intent to Increase Capacity by 1 Million Barrels of Oil Per Day
Saudi Arabian oil giant Saudi Aramco today reported second-quarter net income of $6.6 billion, a decrease of 73% from the $24.7 billion it earned in the year ago period due to the COVID-19 pandemic's impacts on demand and pricing. Income for the first half of 2020 was down 51% compared to the corresponding period in 2019.
Source Fool.com
