Saudi Aramco reports a close to 50% decline in full-year profit

Saudi Aramco (SE: 2222) said late on Sunday that its profit in 2020 posted a steep decline of close to 50% due to the ongoing Coronavirus pandemic that wreaked havoc on the global energy markets. The COVID-19 crisis has so far infected more than 120 million people worldwide and caused over 2.7 million deaths. Saudi […]