02 Feb 2026

01:37

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Home Blog Lower Oil Prices Drag Saudi Aramco’s Q2 Profit Down by 20%

Lower Oil Prices Drag Saudi Aramco’s Q2 Profit Down by 20%

codarx

codarx

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Update date: 2025/08/05

The world’s top crude oil exporter, Saudi Aramco, reported on Tuesday a 20% decline in second-quarter earnings as lower oil prices weighed on revenues despite rising production in line with the OPEC+ policy.  Aramco, which is also the world’s biggest oil company by market capitalization and production, booked a net income attributable to shareholders of $22.85 billion for the second quarter, down by 19% from the same period last year. The income also fell compared to the first quarter as Aramco’s average realized crude price…

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