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Coverage dated August 6, 2023

Saudi Aramco Q2 profits drop 38% on lower prices: statement

Headline from Digital Journal

Oil firm Saudi Aramco on Monday announced profits of $30.08 billion for the second quarter, a sharp fall from the same period last year when prices surged

Digital Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

17 articles, oldest first.

  1. Digital Journal

    Saudi Aramco Q2 profits drop 38% on lower prices: statement (opens Digital Journal)

    Published

    Digital Journal's feed description

    Oil firm Saudi Aramco on Monday announced profits of $30.08 billion for the second quarter, a sharp fall from the same period last year when prices surged

  2. NBC Los Angeles

    Oil giant Saudi Aramco posts 38% drop in second-quarter profit as lower prices bite (opens NBC Los Angeles)

    Published

    NBC Los Angeles's feed description

    The recent decline in profitability was in line with industry trends and a broader decline in oil prices in the first half of this year.

  3. WFMZ Allentown

    Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    Saudi Arabia’s state-run oil giant Aramco made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year. It attributed the decline

  4. Wall Street Journal

    Saudi Aramco’s Profit Drops, Hit by Lower Oil Prices, Output (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    The majority state-owned oil company boosted its dividend, highlighting the kingdom’s dependence on oil revenues.

  5. The Times of Israel

    Saudi oil giant Aramco reports $30b in Q2 profits, down nearly 40% from last year (opens The Times of Israel)

    Published

    The Times of Israel's feed description

    Company still ranked second-biggest in the world by revenue, behind only Walmart and ahead of Amazon and Apple

  6. New York Times

    Saudi Aramco Reports $30 Billion in Profit for Latest Quarter (opens New York Times)

    Published

    New York Times's feed description

    It was a steep fall from last year’s record profit, but still enough for the company to introduce additional dividend payments and increase capital investment.

  7. Shore News Network

    Aramco Q2 profit drops 38% to $30.1 billion, boosts dividend (opens Shore News Network)

    Published

    Shore News Network's feed description

    By Maha El Dahan and Yousef Saba DUBAI (Reuters) -Saudi Arabian state oil giant Aramco reported a near 38% drop in second-quarter net profit on Monday

  8. The Guardian

    Saudi Aramco’s quarterly profits drop nearly 40% but it still rakes in $30bn (opens The Guardian)

    Published

    The Guardian's feed description

    Decline in crude oil prices and less refining income trims revenues inflated in 2022 by Russian invasion of Ukraine

  9. The Boston Globe

    Saudi oil giant Aramco reports $30b in profits, down nearly 40 percent from last year because of lower prices (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    Total sales stood at just over $106 billion, down from $150 billion in the second quarter of 2022.

  10. Oil Price

    Saudi Aramco’s Q2 Earnings Drop 38% On Lower Oil Prices (opens Oil Price)

    Published

    Oil Price's feed description

    Saudi Aramco’s profits fell by 38% in the second quarter of 2023 due to lower oil prices, with a net income of $30.1 billion.

  11. WFMZ Allentown

    Saudi oil giant Aramco reports $30B in profits, down nearly 40% from last year due to lower prices (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    Saudi state-run oil giant Aramco has made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year. It attributed the decline

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Saudi Aramco Q2 profits drop 38% on lower prices: statement | Since Then