Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.
RIYADH Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 per cent from a year earlier after a drop in crude prices.The result was lower than the $39.5 billion reported in the same period in 2022, when Russia's invasion of Ukraine caused oil prices to surge. It is more than three-quarters of the $40.5 billion in combined