Saudi Aramco’s Q3 2023 net profit increases 8.31% on rising oil prices

Saudi Aramco’s Q3 2023 net profit increases 8.31% on rising oil prices

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RIYADH: Saudi Aramco reported an 8.31 percent increase in net profit in the third quarter of 2023 on Tuesday, reaching SR122.19 billion ($32.6 billion) compared to the previous quarter. This increase was primarily driven by higher crude oil prices and improved refining margins. Amin H. Nasser,…

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