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
    Orange County school board to address e-bike safety in workshop

    Orange County School Board Hosts Workshop on E-Bike Safety Measures

    ORLANDO, Fla. – The rising popularity of e-bikes among school-age children is…
    Florida bill to eliminate yellow vehicle registration decals moves forward

    Florida Advances Legislation to Remove Yellow Registration Stickers from Vehicles

    In Tallahassee, Florida, a legislative proposal is gaining traction that could soon…

    Greeneville Public Works Swiftly Restores Roads After Heavy Snowfall

    The Greeneville Public Works Department has been tirelessly working to clear local…
    Trump’s $10 billion lawsuit against the IRS raises conflict of interest concerns

    Trump’s $10 Billion Lawsuit Against IRS Sparks Concerns Over Potential Conflicts of Interest

    WASHINGTON – President Donald Trump’s decision to file a $10 billion lawsuit…

    Latest Road Condition Updates from Unicoi & Carter Co. Highway Departments: What You Need to Know

    UNICOI COUNTY, Tenn. (WJHL) — Following a weekend of winter storms, the…

    Tennessee QB Joey Aguilar Sues for Extended NCAA Eligibility in Groundbreaking Knoxville Case

    KNOXVILLE, Tenn. (AP) — Tennessee quarterback Joey Aguilar is taking legal action,…
    Southern US enters a second week of biting cold and prolonged outages

    Chilly Temperatures and Extended Power Outages Persist in Southern US for Another Week

    RALEIGH, N.C. – As relentless icy winds lashed the shores of a…
    Coast Guard identifies victims and begins investigating fishing boat's sinking that killed 7

    Coast Guard Launches Investigation into Tragic Fishing Boat Sinking, Identifies 7 Victims

    BOSTON – On Monday, the U.S. Coast Guard confirmed the identities of…

    Russell County Auto Theft: Man Charged in Major Breakthrough Investigation

    LEBANON, Va. (WJHL) — The Russell County Sheriff’s Office has apprehended a…
    Asian shares surge as markets regain momentum after recent volatility

    Asian Markets Rebound Strongly, Regaining Momentum After Recent Volatility

    TOKYO – On Tuesday, Asian stock markets experienced a significant boost, driven…
    Vatican's 'trial of the century' resumes after prosecutors suffer embarrassing setbacks on appeal

    Vatican’s ‘Trial of the Century’ Resumes Following Notable Prosecution Setbacks on Appeal

    VATICAN CITY – The Vatican’s “trial of the century” has entered its…
    Former Prince Andrew has faced questions on Epstein before. Don't bet he'll do it again

    Prince Andrew Unlikely to Face Further Questioning in Epstein Case

    LONDON – Six years ago, Former Prince Andrew’s reputation took a massive…
    A court sketch of Marius Borg Hoiby

    Norwegian Royal Scandal: Crown Princess’s Son Denies Rape Allegations in High-Profile Trial

    Marius Borg Høiby, 29, is the firstborn of Crown Princess Mette-Marit from…
    Met officers took more than 133,000 sick days for mental health issues

    Met Police Reveal Staggering 133,000 Sick Days Taken for Mental Health: A Call for Urgent Support Measures

    The Metropolitan Police officers have collectively taken over 133,000 sick days…
    Employee speaks after coworker shot trying to stop theft in Lakeshore

    Colleague Shares Insight After Coworker Is Shot During Attempted Theft Prevention in Lakeshore

    A smoke shop employee sustained severe injuries after confronting an alleged thief…
    Melania smashes box office numbers despite negative reviews

    Melania’s Latest Release Defies Critics with Impressive Box Office Success

    First Lady Melania Trump’s documentary, aptly titled “Melania,” has…