Saudi oil giant Aramco announces USD 121 billion profit last year, down from 2022 record
“The decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins,” the company said in its filing. The energy giant had planned a conference call Monday to discuss its results. Aramco reported overall revenue of USD 440 billion last year, down from USD 535 billion in 2022.
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