Weak demand in China will cause Saudi Arabia to reduce crude oil exports to China in December, despite recent price cuts.

Third quarter 2024 EBIT landed at $51.45 billion. Nine-month EBIT fell $17.58 billion to $160.35 billion “primarily due to ...

Saudi Arabian oil giant Aramco reported a third-quarter profit of $27.5 billion Tuesday, down about 15% from last year as low oil prices ate into its revenues.

Oil giants on both sides of the Atlantic suffered from lower oil prices and weaker refining margins in the quarter.

Crude oil and refined product futures were trading higher for a second straight day Tuesday on expectations that Saudi Arabia may encourage OPEC and its allies to continue to restrain oil production.

Saudi Aramco, the world's largest oil producer, is facing a tough financial decision in early 2024: whether to continue funding its massive $31 billion quarterly dividend or risk exacerbating Saudi ...

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...

Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.