International Companies

Saudi Aramco sees Q3 profits drop 15%

By Benjamin Chiou

Date: Tuesday 05 Nov 2024

(Sharecast News) - State-owned oil major Saudi Aramco saw profits drop 15% in the third quarter as lower refining margins and crude prices weighed on the bottom line.
The group, formerly known as Saudi Arabian Oil Company, reported a net income of $27.6bn for the three months to 30 September, down...

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