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October 4, 2022 11:49 am

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Your price at the pump went up. So did Saudi Aramco’s profits — to a new record

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FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021.

Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

(Image credit: Amr Nabil/AP)

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