Four takeaways as oil giant Saudi Aramco reports a huge $161 billion profit

The world's biggest oil company Saudi Aramco has announced it made $161 billion in profits last year, a whopping figure for the corporation and its main shareholder, the Saudi government.

High oil prices and a production pact with Russia helped push Aramco's earnings up, particularly after global energy markets were rocked by the Russian invasion of Ukraine.

Here's a closer look at what's behind Aramco's earnings and what it indicates.

Breaking down Aramco's record profits

Aramco, which produces all of Saudi Arabia's oil and gas, saw