Saudi oil giant Aramco posts 25% fall in full-year profit
Headline from NBC 5 Dallas-Fort Worth
The earnings come after the Saudi government transferred an additional 8% of Aramco shares, worth $164 billion, to Saudi Arabia’s Public Investment Fund.
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The earnings come after the Saudi government transferred an additional 8% of Aramco shares, worth $164 billion, to Saudi Arabia’s Public Investment Fund.
Saudi oil giant Aramco has reported a $121 billion profit last year, down from its 2022 record due to lower energy prices. Aramco made the announcement in a filing in
DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. The results still marked the company’s second highest ever result, Aramco said, as members of the OPEC+ alliance continue to cu…
The world's largest oil exporter reported 2023 profit equivalent to $121.25 billion in a stock market filing. It's a reduction of almost 25% compared to 2022, when Russia's invasion of Ukraine drove up oil prices.
DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco reports a $121 billion profit last year, down from its 2022 record due to lower energy prices.
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