Saudi Arabia’s state-owned oil company took in tens of billions of dollars in profit this quarter.
Aramco said today that its net income for the third quarter of 2022 was $42.4 billion. This was compared to $39.5 billion in the first quarter and $48.4 billion in the second. In the third quarter of 2021, Aramco’s profits were $30.4 billion, according to a press release.