Saudi Aramco Q1 Profit Jumps Amid CEO's Energy Shock Warning
Saudi Aramco reported a 25% increase in its first-quarter profit, driven by an oil rally. Concurrently, the company's CEO warned that the world could face its 'largest energy shock' affecting markets until 2027.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (76/100)Sources
Aramco Q1 income rises 25% amid CEO’s warning on oil supply
Read full article →Saudi giant Aramco sees 25% jump in Q1 profit jumps on oil rally
Read full article →World’s ‘largest energy shock’ may affect markets into 2027 — Saudi Aramco CEO
The world’s largest energy shock, triggered by the Hormuz blockade, could impact markets into 2027, says Saudi Aramco’s CEO. Learn about the supply loss. Read More: https://punchng.com/worlds-largest-energy-shock-may-affect-markets-into-2027-saudi-aramco-ceo/
By Punch Newspapers
Read full article →Saudi Aramco: Oil market will not recover before 2027 if the Strait of Hormuz remains closed
Brent is expected to trade at $110 per barrel this quarter, fall to $100 next quarter and to $90 by the end of the year, estimates Morgan Stanley The post Saudi Aramco: Oil market will not recover before 2027 if the Strait of Hormuz remains closed appeared first on ProtoThema English.
By admin
Read full article →Coverage Timeline
Related Stories

Amazon's First Customer Receipt Goes Viral, Bezos and Musk React
just now

Philippine Senator Legarda Calls for Review of VAT on Electricity Amid Inflation
just now
Nigerian Central Bank Warns Non-Interest Banks on Risks
7m ago

Aramco CEO Predicts Market Normalization Not Before 2027 Due to Middle East Conflict
10m ago