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Profit tumbled at Saudi Aramco, the world’s biggest oil company
Saudi Aramco had a rough 2020, just like every other oil company. But Aramco isn’t any ordinary oil company — it’s the world’s biggest, and the pandemic’s toll on its business had a decidedly adverse effect on the Saudi-owned business. The company announced Sunday that its net profit fell a whopping 44.4% to $49 billion
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