Aramco Q1 earnings: Saudi oil major to distribute $31 billion in dividends despite 14% fall in net income

Saudi Aramco, the state-owned oil behemoth, has announced plans to pay out $31 billion in dividends to its shareholders, including the Saudi government, despite experiencing a decline in earnings for the first quarter due to reduced oil prices and sales volumes. Earnings dip amid global oil dynamics In the first quarter ending March 31, Aramco […]