saudi arabia opec news

Saudi Aramco Quarterly Profit Down 15 Percent On Low Prices

Saudi Aramco Q3 profit drops 15.4% amid lower oil prices

Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, backing Vision 2030 and economic stability.

U.S. News & World Report · 4h

Saudi Oil Giant Aramco Posts Third-Quarter Profits of $27.5 Billion, Down 15% From a Year Earlier

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues

Reuters · 4h

Saudi Aramco third-quarter profit drops 15%

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins but still maintained its generous dividend at $31.1 billion for the quarter.

Daily Journal · 3h

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

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

NBC Los Angeles · 3h

Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. This is a breaking news story.

OPEC oil output rises

The Associated Press - Busines… · 1d

OPEC extends its oil output cuts by one month until the end of December

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year

MarketWatch on MSN · 1d

OPEC extends oil output cuts through the end of December

Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month. No reason was given for the move, which comes ahead of the U.S ...

Invezz · 3d

OPEC+ in a pickle: should the cartel increase oil output?

The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output from December.

With Oil Prices Weak, OPEC Plus Postpones Increases Again

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Crude Oil Prices10h

Aramco and ADNOC Look To Seize More Market Share in Asia

Saudi oil giant Aramco and Abu Dhabi’s ADNOC plan to expand their downstream businesses, especially in Asia, to lock in ...

Saudi Arabia may cut December oil prices for Asia, sources say

Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in ...

Hosted on MSN18h

Crude Oil Futures Gain as OPEC+ Extends Output Cuts

Saudi Arabia and other members of OPEC+ said they agreed to keep ... pressured by China’s downbeat economy. Last month, OPEC reduced its outlook for oil demand for 2024 and 2025, citing data ...

Africanews English on MSN21h

OPEC extends oil output cuts by one month until the end of December

While no reason was given for the move, it comes ahead of the US presidential elections on Tuesday.

Saudi energy minister commits to crude capacity levels and climate targets

Saudi Arabia is "committed" to maintaining crude capacity at 12.3 million barrels per day, Energy Minister Prince Abulaziz ...

20h

OPEC+ members delay planned increase in oil production, FT reports

Members of OPEC+ have delayed a plan to start raising oil production until the end of the year amid a plan to revive crude prices that have ...

Daily Wrap on MSN23h

OPEC+ delays production boost as weak demand lifts prices

The cartel of oil-producing countries expanded to include Russia, and it postponed plans for the return to increased crude production by another month. The decision to delay caused prices to rise.

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