Saudi Aramco's quarterly profit fell 15% due to low oil prices, but it kept its $31 billion dividend.

Saudi Aramco reported a 15% decline in its quarterly profit, attributing the drop to low oil prices and weak refining margins. Despite the profit decrease, the company maintained its quarterly dividend at $31 billion. This highlights the challenges faced by the oil giant amid fluctuating market conditions, reflecting broader trends in the energy sector.

November 05, 2024
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