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Aramco, Saudi oil
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 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 reports 15% drop in Q3 profit but maintains dividend
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.
Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.
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.
12h
on MSN
Saudi Bourse Plans to Dial Up M&A Amid Capital-Markets Push
Saudi Arabia’s stock exchange operator is eying mergers and acquisitions as a means to broaden the kingdom’s capital markets ...
14h
on MSN
Saudi Arabia’s Red Sea Film Festival Highlights Local Productions Depicting Social Change in Arab Galas Strand
Saudi Arabia's Red Sea Film Festival has announced its Arab Spectacular section, which is focused on launching new local ...
Zawya
18m
Japan, Saudi leaders vow to boost cooperation
The relations between Japan and Saudi Arabia have deepened in a wide range of fields beyond the energy sector, such as clean ...
17h
Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps
Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening ...
Markets Insider on MSN
9h
The financial ties between China and Saudi Arabia keep getting deeper
China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.
Zawya
9m
Oman-Saudi trade to surge with new economic zone
The tender is focused on developing essential infrastructure like main roads, protection channels and a drainage system ...
Greek Reporter
10h
Saudi Arabia’s NEOM Project Uses 20% of Global Steel
Saudi Arabia's Neom construction would require 20 percent of the world’s steel supply, an unprecedented amount of steel for ...
The Washington Post on MSN
2d
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 ...
1h
Japan PM, Saudi Crown Prince agree to work closely on Middle East stability
Japanese Prime Minister Ishiba Shigeru and Saudi Arabia's Crown Prince Mohammed bin Salman have agreed to work closely ...
1d
Saudi non-oil business activity lifted by faster new order growth in October, PMI shows
The pace of growth in Saudi Arabia's non-oil sector continued to accelerate in October, lifted by the fastest growth in new ...
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