Saudi Aramco Posts $26.9 Billion Third-Quarter Profit Amid Slight Decline Due to Lower Oil Prices

    Saudi Aramco reports $26.9B profit in third quarter, down slightly over lower oil prices
    Up next
    Author
    Tags
    Share this @internewscast.com
    FacebookXRedditPinterest


    FILE – Storage tanks are seen at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021. (AP Photo/Amr Nabil, File) (Amr Nabil, Copyright 2021 The Associated Press. All rights reserved)

    DUBAI – Saudi Arabia’s oil behemoth, Aramco, unveiled a third-quarter profit of $26.9 billion on Tuesday. This figure shows a slight decline from the previous year, reflecting the current global energy market’s unease over potential oil oversupply.

    In its latest financial disclosure to Riyadh’s Tadawul stock exchange, Aramco, officially the Saudi Arabian Oil Co., reported generating $111 billion in revenue during the third quarter. This is a decrease from $123 billion recorded in the same timeframe last year.

    © 2025 The Associated Press. All rights reserved. This content cannot be published, broadcast, rewritten, or redistributed without authorization.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    Judge orders 5-year-old Liam Conejo Ramos and his dad released from ICE detention

    Judge Orders Release of 5-Year-Old Liam Conejo Ramos and Father from ICE Custody

    SAN ANTONIO – A federal judge has mandated the release of a…
    Trump says US is 'starting to talk to Cuba' as he moves to cut its oil supplies

    Trump Announces U.S. Initiates Dialogue with Cuba Amid Plans to Reduce Oil Supply

    President Donald Trump has announced that the United States is initiating conversations…
    Blast in Iran port city kills 1, wounds 14 before Strait of Hormuz naval drill watched by US

    Explosion in Iranian Port City Claims 1 Life, Injures 14 Ahead of U.S.-Monitored Naval Drill in Strait of Hormuz

    DUBAI – Tragedy struck the Iranian port city of Bandar Abbas on…
    A former Sierra Club Foundation director sues over internal racism that he says hinders its mission

    Ex-Sierra Club Foundation Leader Files Lawsuit, Alleges Racism Impedes Environmental Goals

    NEW YORK – What appeared to be a prestigious opportunity to spearhead…
    Trump says feds won't intervene during protests in Democratic-led cities unless asked to do so

    Trump’s Stance on Federal Intervention: No Action in Democratic Cities Without Official Request

    WASHINGTON – In a recent statement, President Donald Trump declared that Homeland…
    HUNTR/X, Art Garfunkel, Clipse and more light up pre-Grammy gala hosted by Clive Davis

    Star-Studded Pre-Grammy Gala Dazzles with HUNTR/X, Art Garfunkel, and Clipse Under Clive Davis’s Legendary Hosting

    In Los Angeles, the music industry mourned the loss of a legendary…
    Dog Show 101: What to know about the 150th Westminster show

    Westminster Dog Show 150th Anniversary: Essential Insights for Attendees

    NEW YORK – The time has come for the nation’s most dedicated…

    Surprising Sunday Closures: Discover Which Tri-Cities Churches Are Taking a Pause This February

    JOHNSON CITY, Tenn. (WJHL) — A number of local churches have opted…
    Dog Show 101: What to know about the 150th Westminster show

    Ultimate Guide: Uncover the Secrets of the 150th Westminster Dog Show

    NEW YORK – The stage is set for thousands of America’s most…
    NASA begins a practice countdown for its first moonshot with astronauts in more than 50 years

    NASA Launches Historic Practice Countdown for First Crewed Moon Mission in Over Half a Century

    CAPE CANAVERAL, Fla. – This past Saturday, NASA commenced a critical two-day…

    Bristol Scrambles for Road Salt as Knoxville Supplier Faces Shortage: Public Works Responds

    The Bristol Public Works Department in Tennessee has taken measures to ensure…
    Chaka Khan, Cher, Whitney Houston, Fela Kuti get Grammys Life Achievement Awards

    Chaka Khan, Cher, Whitney Houston, and Fela Kuti Honored with Prestigious Grammy Lifetime Achievement Awards

    LOS ANGELES – In a heartfelt celebration of musical legends, Chaka Khan,…
    Zelenskyy announces next round of talks with US, Russia as Ukraine aims for 'real and dignified end to the war

    Zelenskyy Sets Stage for Crucial US and Russia Discussions to Seek Honorable Peace in Ukraine

    Ukrainian President Volodymyr Zelenskyy revealed on Sunday that upcoming negotiations…
    What went wrong with Sam Darnold and the Jets? Let’s revisit with Darnold’s Seahawks in the Super Bowl

    Analyzing Sam Darnold’s Journey: From Jets Challenges to Super Bowl Contention with the Seahawks

    For half a century, the New York Jets have been on an…
    Tom Homan arrived in Minnesota with a clear mandate from Trump

    Tom Homan Arrives in Minnesota with Direct Mission from Trump

    Tom Homan, the White House immigration czar, touched down in Minnesota on…
    Novak Djokovic issues retirement hint after Australian Open defeat

    Novak Djokovic Sparks Retirement Rumors Following Australian Open Loss

    Novak Djokovic expressed his disbelief at reaching another Grand Slam final after…