Try GOLD - Free
Aramco profit dips amid uncertainty
Financial Express Kolkata
|May 12, 2025
SAUDI OIL GIANT Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets.
The world's top oil exporter reported net profit of 97.54 billion riyals ($26.01 billion) in the three months ended March 31, which beat a company-provided median estimate from 16 analysts of $25.36 billion.
The shares were up 0.64% to 25.00 riyals as of 0754 GMT, though down 10.9% so far this year.
This story is from the May 12, 2025 edition of Financial Express Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kolkata
Financial Express Kolkata
Japan PM plans to call snap election
JAPANESE PRIME MINISTER
1 min
January 15, 2026
Financial Express Kolkata
Big Oil won't keep beating the crude market
JOHN D ROCKEFELLER, the godfather of the modern oil industry, called his tactic of purposely crashing oil prices and sending the stocks of his rivals into a tailspin “a good sweating.”
2 mins
January 15, 2026
Financial Express Kolkata
Wholesale price inflation at 8-month high in Dec
INDIA'S WHOLESALE PRICE inflation rose to an eight-month high of 0.83% (year-on-year) in December primarily due to a sequential uptick in the prices of food articles, nonfood articles, minerals and manufactured products, the government data released on Wednesday showed.
1 min
January 15, 2026
Financial Express Kolkata
Polymatech eyes ₹10,000-cr IPO to push expansion plans
POLYMATECH ELECTRONICS
1 min
January 15, 2026
Financial Express Kolkata
How hiring is becoming faster and efficient
THE FEAR AROUND AI often overshadows its purpose: to enhance human potential, not replace it.
1 mins
January 15, 2026
Financial Express Kolkata
Shareholders of Shriram Finance clear MUFG deal-linked proposals
SHRIRAM FINANCE SAID on Wednesday its shareholders have approved three proposals related to the non-banklender’s deal with Japan's MUFG.
1 min
January 15, 2026
Financial Express Kolkata
IOB profit jumps 56%, asset quality improves
Domestic NIM to be maintained at 3.3-3.4% range
1 mins
January 15, 2026
Financial Express Kolkata
SMBC gets RBI approval for wholly owned arm
Stage set for a potential integration with Yes Bank
2 mins
January 15, 2026
Financial Express Kolkata
Realtors want ‘teal sops’ to push affordable housing
PROPERTY DEVELOPERS HAVE drawn up a long wish list of Budget measures to shore up the dwindling affordable housing segment—from raising the price cap from ₹45 lakh to ₹60 lakh and removal of GST and stamp duty to reintroduction of input tax credit.
2 mins
January 15, 2026
Financial Express Kolkata
Groww’s Q3 profit falls 28% to ₹547 cr
Total income increases 26%
1 min
January 15, 2026
Listen
Translate
Change font size