That company is the saudio oil giant saudi aramco, and its feeling the effects of lower oil prices, lower than expected demand from china, and thinner Profit Margins for refining oil. Between april and june, the company made a Profit Ofjust over 30 billion, lot of money by anyone s metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period. So i put it to our middle east Business Cor
scheduled to from the climb on average in glen coe and i should explain that glencoe is a spectacular rocky valley. it s a real magnet for minors and hill walkers. there is an incredible scenery in that part of the west coast of scotland. many people go there in the winter but also in the summer to there in the winter but also in the summerto climb and there in the winter but also in the summer to climb and do hill walking. clearly this is what these three people were doing at the weekend. something has gone wrong, we do not know exactly what. there was a big rescue operation including helicopters, a number of mountain rescue team scarring that part of glencoe to try to find these three men and that search was successful in the sense that they found them but sadly, all three of them have died. i should stress that this is actually quite an unusual event. even though climbing and hill walking can be dangerous, for three people to die in one incident like