ML - The way the world works - analyzing how things work
ML - The way the world works - analyzing how things work
David Nishimoto
Why did aramco become the largest oil company in the world?
9 minutes Posted Mar 17, 2023 at 6:43 pm.
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In 2002, the company was renamed again to the Saudi Arabian Oil Company, or Saudi Aramco. The total revenue of Saudi Aramco for the 2021 financial year was 359 billion U.S. dollars. Aramco net income is US$109.385 billion (2021). Aramco produces 13.9 million barrels of oil a day in 2022. Saudi reserves have 49 billion tons of oil.
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