Saudi Aramco's second-quarter net profit plunges 73.4% on lower oil prices

Saudi Arabian state oil group Aramco on Sunday reported a 73.4% fall in secondquarter net profit, a steeper drop than analysts had expected, hit by lower crude oil prices and declining refining and chemicals margins, as the coronavirus hit demand.

from Top Business News- News18.com
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Saudi Aramco's second-quarter net profit plunges 73.4% on lower oil prices Saudi Aramco's second-quarter net profit plunges 73.4% on lower oil prices Reviewed by Team Exprssnews on August 09, 2020 Rating: 5

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