Saudi oil giant Aramco's profits drop over 4% as oil prices fall

Aramco's first-quarter profits declined by 4.6% to $26 billion due to falling global oil prices, impacting Saudi Arabia's ambitious development plans. Despite a slight revenue increase to $108.

May 11, 2025 - 21:00
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Saudi oil giant Aramco's profits drop over 4% as oil prices fall
Aramco's first-quarter profits declined by 4.6% to $26 billion due to falling global oil prices, impacting Saudi Arabia's ambitious development plans. Despite a slight revenue increase to $108.

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