Saudi Aramco

Latest news and articles about Saudi Aramco from NEX English

Saudi Aramco Reports 25% Profit Increase in Q1 Driven by East-West Pipeline

Saudi Aramco announced a strong profit increase of <strong>25%</strong> in the first quarter of the year, driven by its strategy to diversify transportation routes through the East-West pipeline. This announcement comes amid notable fluctuations in the global oil market.

Saudi Aramco Raises Crude Oil Prices to Record Levels in Asia

Saudi Aramco has increased the price of its main Arab Light crude oil to a record level, setting a premium of <strong>$19.5</strong> per barrel above the benchmark for May shipments. This decision comes amid significant disruptions in global energy markets.