Oil giant Saudi Aramco points to lower crude prices as profits plunge 38% in the 2nd quarter

Oil giant Saudi Aramco points to lower crude prices as profits plunge 38% in the 2nd quarter

Upworthy

Published

None Saudi Aramco reported net income of $30.1 billion in the second quarter. • None That's down 38% from $48.4 billion seen in the same quarter last year. • None The company pointed to declining oil prices and industry trends as reason for the decline. Saudi Aramco, the world's third largest…

#saudiaramco #ukraine #exxonmobil #totalenergies #aminnasser #saudiarabia #vienna

Full Article