Saudi Aramco, the world’s largest oil-exporting company, said that annual net profit surged 46 percent in 2022, driven by higher oil prices. Net profit for the 12 months to the end of December, increased to a record $161.1 billion, from $110 billion in 2021, the company said in a regulatory filing. Brent, the global benchmark for two third of the world’s oil, soared to a notch under $140 a barrel in March last year.
