Saudi Aramco Reports $30 Billion in Profit for Latest Quarter

Saudi Aramco Reports $30 Billion in Profit for Latest Quarter

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The Numbers: Profits that rise and fall with oil prices. Major energy companies have been reporting reduced profits, largely because the price of oil has fallen since last year. In the second quarter, Aramco said, the average oil price was just under $79 a barrel, down from about $113 in the same…

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