Oil giant Saudi Aramco overtakes Apple as world's most valuable firm

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SOURCE: https://markets.businessinsider.com/news/commodities/oil-giant-saudi-aramco-overtakes-apple-world-most-valuable-company-2022-5

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Meanwhile, state-controlled Aramco's market capitalization stood at 9.1 trillion Saudi Arabian Riyals ($2.43 trillion.)The value of the two companies could change again due to fluctuations in share prices, but the move on Wednesday underscores broader trends in the global economy.The energy market is booming.

As said here by Huileng Tan

Oil giant Saudi Aramco overtakes Apple as world's most valuable firm

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Huileng Tan