What company made more profit last year than Exxon, Apple, Amazon and Facebook combined? Is it General Electric, Ford or Canopy Growth? No – it’s Saudi Aramco.
Over the last several years, Saudi Aramco has been responsible for 1 out of 8 barrels of oil consumed worldwide. That’s a lot of oil production considering global oil demand is 100 million barrels per day.
I think you’d agree with me that given those 2 previous statements, this company is one of the most important businesses operating in the world today.
Only the secrecy of the Rothchild’s wealth supersedes the mystery and ambiguity of the oil reserves of Saudi Aramco. For decades, the financial performance and oil reserves have been one of the company’s best kept secrets. That data was limited to a tiny circle of executives and government officials.
Now, thanks to a corporate bond offering, audited financial statements and verified hydrocarbon reserves… that data has been released.
And it’s big.