International Finance

Tag : Aramco

FeaturedOil & Gas

Higher oil prices, Malaysia joint venture exit lift Aramco’s Q3 profit 34.5%

International Finance Business Desk
Aramco reported a net profit of USD 36.25 billion in the three months ended September 30 compared with USD 26.9 billion in the year-earlier period...
FeaturedOil & Gas

Saudi Arabia to store oil in Singapore’s Jurong Rock Caverns to boost Asia supply security

International Finance Business Desk
The Kingdom plans to store crude oil in Singapore from 2027, strengthening Aramco’s Asian supply chain and regional energy security amid shipping disruptions...
EnergyFeatured

Aramco seeks foreign partners to expand oil stockpiles as exports hit five-month high

International Finance Business Desk
Aramco responds to energy incidents six times faster than the industry average, helping Saudi restore oil output to around eight million barrels per day...
FeaturedOil & Gas

Saudi boosts oil output despite Iran disruptions, targets 10 million bpd export capacity

International Finance Business Desk
The Kingdom pumped 8.372 million barrels per day in September, up well over two million ‌bpd ⁠from August, stated OPEC+ data...
FeaturedOil & Gas

Gulf oil exports return to pre-Iran war levels as Aramco chief warns of depleted stocks

International Finance Business Desk
Saudi Arabia drove a sharp recovery in energy exports in September, with shipments rising by about 4.2 ⁠million bpd from August to 6.6 million bpd...
EnergyFeatured

Aramco posts 44% profit rise as higher oil prices boost energy sector earnings

International Finance Business Desk
The world's top oil exporter posted net profit of USD 32.69 billion in the three months ended June 30, compared with USD 22.67 billion a year earlier...