Saudi Aramco reported a 288-percent increase in net profits for the second quarter of the year, to $25.5 billion, thanks to the rebound in oil prices spurred by growing demand. The company also reported net profit of $47.2 billion for the first half of the year, a 103-percent increase on the year. Free cash flow rose to $22.6 billion in the second quarter from $6.1 billion a year earlier. For the first half, free cash flow swelled to $40.9 billion from $21.1 billion a year earlier. Thanks to this strong performance, the Saudi major declared a dividend…
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