Saudi Arabian oil giant Aramco takes hit due to lagging oil prices

euronews.com/business/2025/05/12/saudi-arabian-oil-giant-aramco-takes-hit-due-to-lagging-oil-prices

Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term.
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion (€23.4bn) on Sunday, down 4.6% from the prior year as falling global oil prices…

This story appeared on euronews.com, 2025-05-12 09:25:09.
The Entire Business World on a Single Page. Free to Use →