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Saudi Arabia, the world’s biggest oil exporter, has increased its September crude oil prices for Asian buyers, the second monthly rise in a row, on tight supply and robust demand. The kingdom raised ...
In the period from April to June, revenues from sales and other related sources amounted to 407.14 billion riyals, which is ...
In its second-quarter breakdown, the Saudi Arabian Oil Company said it earned $22.7 billion in net profit. The firm also ...
Energy stocks edged higher as crude oil futures extended their losing streak to four sessions with the market focused on OPEC+ production plans and playing down the U.S. threat of sanctions against ...
The Manila Times on MSN1d
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 ...
Bitcoin failed to reclaim the $115,500 mark on Monday amid heightened demand for downside price protection through BTC ...
Oil prices dropped to their lowest in a week on Monday as markets digested OPEC+'s decision to implement another significant ...
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.
Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit ...
Aramco pumped more oil but lower prices hurt its top line as crude on average fell to $66.7 a barrel from $76.3 earlier this ...
Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and announced a fresh review of costs.
Saudi Aramco’s profits have plunged in Q2 as lower oil prices dragged down company's revenue and stunted its growth.