Despite hotmuz blockade, war in iran, saudi made even More money from oil and gas.

[syed putra]

Saudi Aramco says net profit up more than 25% in first quarter​

Saudi Aramco says net profit up more than 25% in first quarter​

5 hours ago

AFP
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The world's biggest oil exporter said its net income reached US$32.04 billion, compared to US$25.51 billion for the same quarter in 2025.​

Saudi Aramco said its revenue rose due to higher oil prices, increased crude sales, and stronger refined product volumes. (Reuters pic)
RIYADH: Saudi oil giant Aramco said Sunday its net profit rose by more than 25% in the first quarter of the year compared to the same period in 2025, driven by greater crude oil sales and higher prices.
The result comes after the Middle East war sent oil and gas prices soaring and uncertainty plagues global markets over the conflict’s trajectory.

The group, majority-owned by the state, said in a statement published on the Saudi stock exchange website that its “increase in revenue was mainly due to higher prices and volumes sold of refined and chemical products as well as higher crude oil volumes sold and higher crude oil prices”.

 

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