Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4% from a year earlier -
đ¨ Abstract
Saudi Aramco reported a $26 billion profit for the first quarter of 2025, a 4% decrease from the previous year's $27.2 billion, with revenues slightly increasing to $108.1 billion. The company's stock, currently trading above $6, has fallen from last year's high due to decreased oil prices and market uncertainties influenced by OPEC+ production decisions and U.S. trade policies.
Courtesy: wtop.com
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