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Saudi oil giant Aramco reports $30 billion in profits, down nearly 40 percent from last year

Por: The Boston Globe World August 07, 2023

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DUBAI, United Arab Emirates — Saudi state-run oil giant Aramco on Monday reported $30 billion in second quarter profit, a nearly 40 percent decline from the same period the previous year that it attributed to lower oil prices.Total sales stood at just over $106 billion, down from $150 billion in the second quarter of 2022. In an earnings report filed with the Saudi stock exchange, Aramco said the decrease “mainly reflected the impact of... + full article



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