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Lower Profit, $30 Billion, For Aramco.

Authors :
GRANVILLE, KEVIN
Source :
New York Times. 8/8/2023, Vol. 172 Issue 59874, pB3-B3. 1/6p.
Publication Year :
2023

Abstract

The article focuses on Saudi Aramco's second-quarter financial performance, highlighting a nearly 40 percent drop in profit compared to the previous year due to lower oil prices, yet still earning. Topics include reduced profits due to oil price fluctuations, increased capital expenditures, and plans for higher dividends to shareholders in response to Aramco's financial performance.

Details

Language :
English
ISSN :
03624331
Volume :
172
Issue :
59874
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
169818260