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Low energy prices sting Aramco profits and squeeze Saudi development plans

Saudi Arabias state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12 from the prior year on lower energy prices

Posted by Hicham ALAOUI RIZQ on 2025, Mar 04

Introduction

Saudi Arabias state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12 from the prior year on lower energy prices

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