
Saudi Aramco Profits Drop 12%
This is Beirut, 04/03 13:05 - Reading : 3 minute(s)
Donald Trump Gulf Middle East Saudi Arabia Ukraine
Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the linchpin of the Kingdom's ambitious economic reform plans. The world's biggest crude exporter said profits were down more than 12% to $106.25 billion in 2024, the second annual drop following a surge in oil prices in 2022. Expected dividends for ...