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News

Saudi Aramco profit drops

Reuters on MSN · 1d
Saudi Aramco profit drops as it flags cost cuts, divestments
Saudi Arabian oil company Aramco reported a 22% drop in second-quarter profit on Tuesday, and the world's top oil exporter said it was cutting costs and looking to divest assets as crude prices drop and its debt mounts.
The Wall Street Journal on MSN · 1d
Saudi Aramco Keeps Dividend After Profit Takes Hit From Lower Oil Prices
Aramco pumped more oil but lower prices hurt its top line as crude on average fell to $66.7 a barrel from $76.3 earlier this year.
Gulf Times · 21h
Aramco profit falls for 10th quarter, debt rises on weak oil
Saudi Aramco reported a decline in profit for a 10th straight quarter as lower oil prices outweighed the impact of higher production.Net income attributable to shareholders
Middle East Eye18m

Saudi Aramco shed $800bn in market value since 2022 peak

Saudi Aramco has lost around $800bn of its market value since its peak in 2022, a drop of nearly 40 percent. On Tuesday, the ...
22h

TSMC, Saudi Aramco and Diageo: Trending Tickers

Chipmaker TSMC (TSM) reports a trade secrets leak, oil giant Saudi Aramco (2223.SR) announces a profit decline for the 10th ...
Los Angeles Times2y

Oil giant Saudi Aramco makes a historic $161-billion profit in 2022

DUBAI, United Arab Emirates — Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing ...

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