"The CEO of Aramco Amin Al-Nasser said it is a futuristic look, our long-term strategy is going on track towards improving our portfolio in oil and gas. Under the improvement in the market environment, there is an increase in demand in Asia with improvement indicators elsewhere.

The profits of oil and Western gas companies such as Royal Dutch Shell and Bee fell to less than 2020 years in 2020, Exxon Mobil - the largest American energy company - first An annual loss.

"The Saudi National Oil Company (ARAMCO) announced on Sunday, it expects to reduce capital spending, after a 2020 net profit fell 44.4 percent to 183.76 billion riyals Compared to SR 330.69 billion in 2019, affected by the decline of crude prices and quantities and low margins of refining refineries, under pressure on demand from Corona pandemic.