Saudi Aramco benefited from a more than 50 per cent surge in oil prices last year as increased Covid-19 vaccination rates and loosening restrictions resulted in demand outpacing supply.
Prices then leapt above US$100 a barrel last month to hit 14-year highs after Russia invaded Ukraine, leading Western nations to urge Saudi Arabia and other producers to raise output.
Denne historien er fra March 22, 2022-utgaven av The Straits Times.
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Denne historien er fra March 22, 2022-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Quincy Jones receives honorary Oscar posthumously
Before his death two weeks ago, American musician and producer Quincy Jones wrote a speech he intended to deliver at the Governors Awards, where he was scheduled to receive an honorary Oscar at the ceremony created by the Academy of Motion Picture Arts and Sciences.
FORMER SPOUSES SHOW UP TOGETHER FOR SON'S
Chinese-American actor-host Allan Wu made a rare appearance with his Singaporean ex-wife, former actress Wong Li Lin, at a milestone event for their son Jonas (all above)
Composer Charles Dumont wrote over 30 songs for Edith Piaf
French songwriter and singer Charles Dumont, who composed the song Non, Je Ne Regrette Rien (No, I Do Not Regret Anything, 1960) made world famous by late French star singer Edith Piaf, has died aged 95, his partner Florence told AFP on Nov 18.
Obituaries Frommer guides creator served budget-conscious travellers
Arthur Frommer (right), the travel writer who turned his guidebooks into a global brand serving millions of budget-conscious tourists before the internet ravaged the print industry, has died.
Co-stars Masaki Okada and Mitsuki Takahata are getting married
Japanese actor Masaki Okada and actress Mitsuki Takahata surprised the Japanese entertainment industry on Nov 19 when they confirmed their marriage on social media.
Dog has its day in P.D.Q. Bach's series of spoofs
For the unlucky 13th edition of the Yong Siew Toh Conservatory's Bach Cantata Series, the focus was on P.D.Q. Bach, the youngest, least and oddest of Johann Sebastian Bach's 20-odd children.
LV's luxe pit stop in New York
Being temporary in the world of luxury is still quite nice.
Six sizzling tales Of English queens
Sassy, campy British musical comedy Six never takes itself too seriously
Author John Green on quest to eradicate TB
NEW YORK - You can roughly guess a person's age based on how they know John Green.
Clearing the air on whether seed oils are bad for you
To their many vocal detractors, they are referred to as \"the hateful eight\".
