Saudi Aramco Reports Over 25% Q1 Profit Jump Despite Market Warnings
Saudi Aramco announced a substantial increase in its first-quarter net profits, rising by over 25%, even as its CEO warned that the loss of a billion barrels could slow oil market recovery. The company's strong performance comes despite regional disruptions.
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Aramco Profit Climbs as War-Driven Oil Rise Offsets Export Hit - Bloomberg.com
Aramco Profit Climbs as War-Driven Oil Rise Offsets Export Hit Bloomberg.com
Read full article →Saudi Aramco reports higher profits despite Iran war
East-west pipeline allows oil company to circumvent the Strait of Hormuz and keep pumping
Read full article →Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
Aramco says its East-West pipeline has helped to mitigate the energy shock caused by the Iran war.
Read full article →Aramco CEO warns 1 billion barrels lost will slow oil market recovery
Saudi energy giant posts 25% jump in quarterly profit even as Hormuz blockade chokes global oil supplies
By Reuters
Read full article →Saudi Aramco sees profit rising over 25% in Q1 despite disruptions
Saudi Aramco reported on Sunday that its net profit increased by 25.5% in the first quarter compared to the same period last year, following the Middle East war, which sent oil and...
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