Saudi Aramco second largest company globally in terms of market cap

Logo of Saudi Aramco

Saudi Arabian Oil Co. (Saudi Aramco) is currently the second largest company in the world in terms of market capitalization, with a market value of $2.25 trillion.

This came after the company's share price rose 3% today, Feb. 24, to SAR 42.25.

Oil prices jumped above $100 a barrel for the first time since 2014, after Russia launched military operations in Ukraine.

Apple Inc. topped the list of the world's largest companies by market capitalization, issued by Companies Market Cap.

The following is the list of the top 20 companies around the world in terms of market capitalization:

World’s Largest Companies in Terms of Market Capitalization
Ranking	Company	Sector	Country	Market Capitalization ($ bln)
01	Apple	Technology	USA	2612
02	Saudi Aramco	Energy	Saudi Arabia	2253
03	Microsoft	Technology	USA	2101
04	Alphabet (Google)	Technology	USA	1689
05	Amazon	Technology	USA	1473
06	Tesla	Cars	USA	789.6
07	Berkshire Hathaway	Investment	USA	692.7
08	TSMC	Technology	Taiwan	601.1
09	Meta (Facebook)	Technology	USA	567.4
10	nVIDIA	Technology	USA	557.9
11	Tencent	Technology	China	547.8
12	Visa	Financial Services	USA	467.6
13	JP Morgan Chase	Banking	USA	437.8
14	United Health	Healthcare	USA	435.2
15	Johnson & Johnson	Healthcare	USA	423.9
16	Samsung	Technology	South Korea	407.7
17	LVMH	Luxurious Goods	France	376.0
18	Walmart	Retail	USA	374.6
19	Procter & Gamble	Consumable Goods	USA	373.8
20	Bank of America	Banking	USA	361.7

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