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Saudi Aramco says quarterly profit drops 15% on low oil prices

By Yahoo! Finance   |   Nov 5, 2024 at 01:45 AM EST
Saudi Aramco says quarterly profit drops 15% on low oil prices

Saudi Aramco's third quarter profit dropped 15% due to low oil prices. The firm's net income fell to $27.56 billion, impacted by lower oil prices and refining margins. Despite this, Aramco aims to maintain its global energy leadership.

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