Posted on

Saudi Aramco Reports $30 Billion in Profit for Latest Quarter

The Numbers: Profits that rise and fall with oil prices.Major energy companies have been reporting reduced profits, largely because the price of oil has fallen since last year. In the […]










Posted on

As Western Oil Giants Cut Production, State-Owned Companies Step Up

Kuwait announced last month that it planned to invest more than $6 billion in exploration over the next five years to increase production to four million barrels a day, from […]