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Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of the world’s biggest oil producer, Saudi Aramco.

Saudi Aramco, or simply Aramco, is one of the biggest names in the fossil fuel business, as it is the largest oil producer in ...

Saudi Arabia’s state-owned oil giant Aramco has reported a 106.25 billion-dollar profit (£83 billion) in 2024, down 12% from the previous year as lower energy prices now squeeze the kingdom’s ...

Profits fell on lower revenues primarily attributable to lower prices Saudi Aramco's net profits dropped 12.39 percent to $106.25 billion in 2024, the world's biggest oil exporter said on Tuesday ...

Aramco said it expects total dividends for 2025 of $85.4 billion — a significant fall from 2024's total of $124.2 billion. Lower oil prices hit the company's income last year, with net profit ...

Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries ...

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DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year as lower energy prices now squeeze ...