Saudi Aramco first-quarter net profit falls 25% as oil prices slump

May 12, 2020 admin Business News Comments Off on Saudi Aramco first-quarter net profit falls 25% as oil prices slump

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.

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Source:: Reuters – Business News