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Aramco profits drop as oil prices decline
semafor.com/article/05/12/2025/aramco-profits-drop-amid-oil-price-decline
The News
Aramco reported falling profits and slashed its dividend after oil prices plunged, cutting a key source of funds for Saudi Arabia as it pushes to diversify its economy away from fossil fuels.
The kingdom has made significant progress in growing its other sectors, with the…
This story appeared on semafor.com, 2025-05-12 10:56:04.