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Aramco profits hit three-year high with record quarterly jump

By CityCalc Newsroom · Sun May 10 2026 · Source: AGBI

Saudi Aramco reported its largest quarterly rise in net profit on record in the first quarter of the year, helped by higher oil prices and an increase in crude exports via the Red Sea. Net profit jumped by 73 percent from the fourth quarter of 2025 to SAR120 billion ($32 billion…

Saudi Aramco reported its largest quarterly rise in net profit on record in the first quarter of the year, helped by higher oil prices and an increase in crude exports via the Red Sea. Net profit jumped by 73 percent from the fourth quarter of 2025 to SAR120 billion ($32 billion…

Curated by CityCalc from AGBI. Read the full article at the source.

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