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Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues.
Saudi Aramco Says Q3 Profit Drops 15% On Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Saudi Aramco Keeps Huge Dividend Despite Lower Profit
Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.
Saudi Aramco Profit Falls on Refining Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.
Saudi Aramco third-quarter profit drops 15%
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins but still maintained its generous dividend at $31.1 billion for the quarter.
Saudi Aramco says quarterly profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. This is a breaking news story.
The Washington Post on MSN
1d
As regional violence rages, Saudi Arabia pitches itself as investment hub
The summit in Riyadh, known as the Future Investment Initiative, allowed the kingdom to showcase its ambitious plans to ...
Zawya
2h
Infobip secures SMS license in Saudi Arabia, establishing full connectivity across the Kingdom
Riyadh, Saudi Arabia – Infobip, a global cloud communications platform, has obtained its SMS license from the Communications, ...
3d
on MSN
Saudi Arabia's 'The Line' Violates Human Rights and Common Sense
Inhumane labor practices, worker deaths, and the forced eviction and repression of local residents have characterized the ...
Hosted on MSN
1d
Charley Hull wins first title in 2 years at LET event in Saudi Arabia
"I felt really sharp, I played very solidly today,” said Hull of the win in
Saudi
Arabia
. “I made a bogey on the ...
Zawya
2h
HSA Group launches AITC in Saudi Arabia
AITC is poised to transform the Saudi FMCG landscape by introducing a dynamic portfolio of local and global brands, ...
4d
Saudi Arabia may cut December oil prices for Asia, sources say
Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in ...
2d
The World’s Largest Building Breaks Ground in Riyadh, Saudi Arabia
Construction has begun on the Mukaab, which will be the world’s largest building in Riyadh,
Saudi
Arabia
. The indoor city ...
6d
Saudi Arabia Upbeat on FDI as 2030 Goal Remains Distant
Saudi Arabia sees recent trends in foreign direct investment moving in the right direction, while conceding the kingdom has a ...
6d
on MSN
Saudi Arabia in advanced talks over Zambia copper mine stake, Ma'aden CEO says
Saudi Arabia is in the advanced stages of talks about a stake in a copper mine in Zambia and is expecting a deal by the end ...
Arabian Business
43m
Saudi Arabia’s PMI hits six-month high as non-oil growth accelerates in October
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI) rose for the third month in a row in October ...
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