Saudi oil company named world's most profitable business

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

State-owned Saudi Aramco makes profits of £84.7bn last year, beating Apple and Exxon

Saudi Arabia’s state oil company has emerged as the most profitable business in the world, racking up profits of $111.1bn in 2018 to overtake Apple.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not surprising! It costs 1 dollar to produce 1 baril of oil a day in Saudi. Elsewhere, the cost can be in the double digits.

Probably not, but it would do wonders for the Brexit debate.

How about Amazon?

Easy to do using migrant workers to help process oil for shipment. Slave like living conditions are well documented in media. Running a cartel that manipulates prices, like a diamond exchange, helps too.

👎👎👎👎👎👎

Because your product is pulled out of the ground and burnt into the air with future generations left to pay the cost. But hey you beat Apple.

God is fair. He gave oil to the lazy, good for nothing people

MOHAMMAD BIN (bone saw) SALMAN TORTURED KHASHOGGI TO DEATH END OF STORY.!!

Yes in term of murder they are number one. Secondly to phone hacking

Brown envelopes all round! Mines a large one!!

You can't say they didn't earn it.

No corruption or nepotism I’m sure

Singapore Singapore Latest News, Singapore Singapore Headlines