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Oil giant Saudi Aramco sees 2019 profits drop 20% to $88.2B

by Associated Press
| March 15, 2020 2:05 AM

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weakened global energy market amid the new coronavirus pandemic.

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