Saudi Arabia's oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year

Saudi Arabia's oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year

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DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-run oil giant Aramcobrought in $30 billion in revenues in the second quarter, a nearly 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Total sales stood at just over 400 billion riyals (about…

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