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Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

Robert Frost by Robert Frost
November 5, 2024
in Industries
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
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Saudi Aramco’s Ras Tanura oil refinery and oil terminal

Ahmed Jadallah | Reuters

Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend.

This is a breaking news story. Please refresh for updates.



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