Saudi oil giant Aramco posts fall in full annual profits, dividend

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Saudi Arabia, Saudi Arabia on November 3, 2019, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia Plaza Conference Center Aramco press conversations before the start of the Aramco press conference.

Hamad i Mohammed | Reuters

Saudi State Oil Manufacturer Aramco landed on Tuesday in 2024 for $ 106.2 billion in net profit $ 121.3 billion in 2023.

The company, for the fourth quarter of 2024, will be $ 21.1 billion for the fourth quarter and the payment of its performance will be $ 0.2 billion. It is compared to a $ 20.3 billion quarter base and a dividend related to a $ 10.8 billion performance.

Low oil prices have increased raw production around the world and slowed down the world’s net profit. Global Benchmark Brent Crude Customs the price of the futures $ 80 for a barrel in 2024According to the US Energy Information Office, less than $ 2 in 2023.

Aramco’s revenues fell to $ 446.6 billion in 2024 to $ 440.6 billion.

This broke news story is updated.

 
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