Why did aramco become the largest oil company in the world?
In 2002, the company was renamed again to the Saudi Arabian Oil Company, or Saudi Aramco. The total revenue of Saudi Aramco for the 2021 financial year was 359 billion U.S. dollars. Aramco net income is US$109.385 billion (2021). Aramco produces 13.9 million barrels of oil a day in 2022. Saudi reserves have 49 billion tons of oil.