Saudi Aramco Doubles Down On Oil During Worst Demand Crisis Ever

The world's largest oil company, state-held Saudi Aramco, is looking to withstand the crisis created by the worst oil demand crash in history—by doubling down on oil.   Saudi Aramco is determined to outlast peak oil demand—whenever this occurs—and to squeeze every dollar it can from its portfolio and from Saudi Arabia's remaining oil reserves.    Unlike many major international oil companies, the Saudi state giant is not pledging a shift to low-carbon energy or net-zero emissions. Its core business is pumping low-cost…