Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter
Headline from France 24 · First reported · Updated · 3 sources, 3 articles
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Image: France 24
What's being reported
Saudi Arabia's state-owned oil giant saw its profits rise to $36.25 billion in the third quarter, despite seeing its infrastructure and even headquarters targeted by Houthi rebels. Elevated oil prices have offset the supply disruption caused by the Iran war. Also in this edition: North Korea denies…
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Aramco’s Q3 net profit jumps 34.5% to $36.3bn
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Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter
Saudi Arabia's state-owned oil giant saw its profits rise to $36.25 billion in the third quarter, despite seeing its infrastructure and even headquarters targeted by Houthi rebels. Elevated oil prices have offset the supply disruption caused by the Iran war. Also in this edition: North Korea denies…
Aramco's profit rises as refining margins strengthen amid Iran war
Aramco posted third-quarter earnings on Tuesday.