Saudi oil giant Aramco posts nearly 40% drop in Q2 profit amid lower crude prices

Saudi Arabian state oil giant Aramco (2222.SR) reported a near 38% drop in second-quarter net profit on Monday, on the back of weaker oil prices and thinner refining and chemicals margins. Aramco's net profit fell to 112.81 billion riyals ($30.07 billion) for the quarter to June 30 from 181.64…

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