Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut. Lower oil prices hit ...
Tasnim News Agency8d
Saudi Aramco Sees 12% Drop in Profit to $106 Billion amid Lower Energy Prices
Saudi Aramco reported a net profit of $106.25 billion in 2024, a 12% decline from the previous year, as lower energy prices ...
Global Finance Magazine4d
Aramco’s Dividend Strategy Reflects Shifting Energy Priorities
Saudi Arabian Oil, better known as Aramco, is recalibrating its dividend strategy as it navigates weaker oil prices and rising capital investment demands. The world’s largest oil and gas producer ...
EconoTimes4d
Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Eases Supply Limits
Saudi Arabia has lowered oil prices for its key Asian market as OPEC+ starts to ease production cuts. State-owned Saudi ...
Aramco Trims World’s Biggest Payout in Blow to Saudi Budget
Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving ...
Argaam4d
Saudi Aramco sets Arab Crude OSP for April
Saudi Aramcoset April official selling price (OSP) for its Arab Light crude to North America at $3.8 per barrel above the ...
Aramco cuts dividend after reduction in oil prices sees profits take a 12% dip
Saudi Arabia's state-owned oil giant Aramco reported a $106.25bn profit in 2024, down 12% from the prior year as lower energy ...
ABC News8d
Low energy prices sting Aramco profits and squeeze Saudi development plans
Benchmark Brent crude traded Tuesday at around $70 a barrel ... The Saudi government owns the vast majority of the firm’s shares. Saudi Aramco publicly listed a sliver of its worth back in ...