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Tag: Saudi Aramco

Saudi Aramco’s Q3 Profits Hit $27.5 Billion Amid Global Oil Price Slump
Business

Saudi Aramco’s Q3 Profits Hit $27.5 Billion Amid Global Oil Price Slump

admin
Nov 5, 2024

Profits Decline Due to Lower Oil Prices Saudi Aramco, the state-owned oil giant, posted third-quarter profits of $27.5 billion, a 15% drop from last year’s $32.5 billion during the same period. The decrease is attributed to declining global oil prices and reduced refining

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