Low energy prices sting Aramco profits and squeeze the Saudi kingdom’s development plans
Saudi Arabia’s state-owned oil giant reported a $106.25 billion profit in 2024, down 12% from the prior year as the lower ...
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US inflation slows due to low energy costs
Inflation has slowed surprisingly sharply in the United States thanks to lower energy costs. US consumer prices rose in ...
XOM, CVX, OXY: Crude Oil Prices Fall to Six-Month Low, Pressuring Energy Stocks
Oil prices have fallen to their lowest level in six months, with Brent crude, the international standard, dropping below $70 ...
Trump’s energy chief says US shale can ‘drill, baby, drill’ at low oil price
FREE TO READ] Chris Wright claims industry can raise output even if crude falls to $50 a barrel as administration has suggested ...
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Low Energy Prices Sting Aramco Profits and Squeeze Saudi Development Plans
Low Energy Prices Sting Aramco Profits and Squeeze Saudi Development Plans DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in ...