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World's biggest oil company posts massive hit to profits

NATIONAL oil giant Saudi Aramco was king hit by the oil price crash, posting a 73% plunge to its profits in the second quarter despite remaining the world's biggest oil exporter.

World's biggest oil company posts massive hit to profits

  Aramco became publicly listed at the end of last year with a massive US$29.4 billion float, one of the largest IPOs in history, despite it only offering less than 2% of its shares to investors.  ...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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