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Saudi Arabian oil company Aramco reported a 22% drop in second-quarter profit on Tuesday, and the world's top oil exporter ...
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, ...
Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit ...
Crude oil average prices fell to $66.7 a barrel from $76.3 a barrel in the first quarter of the year, but the company’s ...
Saudi Aramco reported a 20% decline in second-quarter earnings due to lower oil prices and increased operating costs, despite ...
Saudi Aramco’s profits have plunged in Q2 as lower oil prices dragged down company's revenue and stunted its growth.
Saudi Arabian oil company Aramco reported a 22% drop in second-quarter profit today, mainly on lower revenue, while it racked ...
The company, which is majority-owned by the Saudi government, declared a base dividend of $21.14 billion and a performance-linked dividend of nearly $220 million, unchanged from the previous quarter.
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Saudi Aramco profit drops
DUBAI ― Saudi Arabian oil company Aramco reported a 22 percent drop in second-quarter profit on Tuesday, and the world's top oil exporter said it was cutting costs and looking to divest assets as ...
The Gulf oil major says the decrease in revenue was due to lower crude oil, refined product and chemical product prices.
For the second quarter, Saudi Aramco registered a net profit of 22.7 billion dollars, it said, adding that the company also recorded a base dividend of 21.1 billion dollars, and a performance-linked ...