Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15 pct from 2023

Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15 pct from 2023

Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last year as low oil prices ate into its revenues. Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $111.1 billion over the quarter, the company said in a filing on Riyadh’s Tadawul stock…