The world’s biggest dividend has just been cut. Here’s why.
Aramco has been up against weak oil prices, with Brent crude prices are entering their third year of declines, dropping 4% so ...
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Saudi oil giant Aramco reports $106 billion profit in 2024, down 12% on lower energy prices
Stock in Aramco traded around $7.33 a share Tuesday, down from a high over the last year of $8.71. It has fallen over the past year as oil prices have dropped. Benchmark Brent crude is at $73 ...
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Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
The price of global benchmark Brent crude futures averaged $80 per barrel in 2024, $2 less than the 2023 average, according to the U.S. Energy Information Administration. Aramco's revenue fell to ...
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The world's biggest dividend has just been cut. Here's why.
Aramco has been up against weak oil prices, with Brent crude (BRN00) prices are entering their third year of declines, dropping 4% so far this year, after a 3% drop in 2024 and 10% fall in 2023.