Saudi state oil giant Aramco posted a 23% drop in net profit in the third quarter, down to $32.6 billion attributable to “the impact of lower crude oil…
Read more Oil giant Saudi Aramco’s profit slides 23% in third quarter on lower crude prices, volumesOil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising…
Read more Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the yearSaudi Aramco said strong market conditions helped to push its second quarter net income to $48.4 billion, up from $25.5 billion a year earlier. Maxim Shemetov | Reuters…
Read more Oil giant Saudi Aramco posts 38% drop in second-quarter profit as lower prices biteAmin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad Mohammed…
Read more BlackRock names Saudi Aramco CEO Amin Nasser to boardImaginima | E+ | Getty Images Oil prices rose following OPEC kingpin Saudi Arabia’s decision to cut production by another million barrels per day. On Sunday, the Organization…
Read more Oil prices pop after Saudi Arabia pledges more voluntary production cutsSaudi Minister of Energy Prince Abdulaziz bin Salman al-Saud arrives for the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna on June 3, 2023. Joe Klamar |…
Read more OPEC+ sticks to 2023 oil production targets as Saudi Arabia announces further voluntary cutsA man holding a Turkish flag. Uriel Sinai | Getty Images The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his…
Read more Turkey’s lira sinks to near record low as Erdogan is re-electedTurkey’s President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly…
Read more Turkey’s President Erdogan seals election victory to enter third decade in powerDUBAI, United Arab Emirates — State oil giant Saudi Aramco on Tuesday reported a 19% drop in its first-quarter earnings, recording net income of $31.9 billion down from…
Read more Oil giant Saudi Aramco posts 19% drop in first-quarter profitThe Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net…
Read more Saudi oil giant Aramco posts record $161.1 billion profit for 2022Saudi Arabia and Iran on a world map Jeanursula | E+ | Getty Images DUBAI, United Arab Emirates — Long-time regional foes Iran and Saudi Arabia agreed to…
Read more Arch-rivals Iran and Saudi Arabia agree to revive ties, reopen embassies in China-brokered dealLed by Saudi Arabia and Russia, OPEC+ agreed in early October to reduce production by 2 million barrels per day from November. Vladimir Simicek | Afp | Getty…
Read more OPEC+ agrees to stick to its existing policy of reducing oil production ahead of Russia sanctionsClimate reparations, or “loss and damage” funding, is a highly divisive and emotive issue that is seen as a fundamental question of climate justice. Sean Gallup | Getty…
Read more New global climate deal struck at conference in Egypt
