Saudi Arabia posts $8 bln Q3 deficit

Saudi Arabia posts $8bn Q3 deficit as lower oil prices weigh
Oil output is expected to rise next year, driving a rebound in overall economic growth. Image: Reuters Saudi Arabia reportedly posted a budget deficit of $8 billion (SAR 30 billion) in the third quarter of 2024, mainly on account of lower oil prices.
Saudi Arabia's Q3 deficit at $8 bln amid spending surge, lower oil prices
Saudi Arabia logged a budget deficit of 30 billion riyals ($8 billion) in the third quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on revenue.
Saudi Aramco Q3 profit drops 15.4% amid lower oil prices
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, backing Vision 2030 and economic stability.
Saudi Aramco reports 15% drop in Q3 profit, maintains dividend
Saudi oil giant Aramco on Tuesday reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at $31.1bn for the quarter.
Saudi Aramco Keeps Huge Dividend Despite Lower Profit
Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.
Saudi Arabia posts 30 billion riyals Q3 deficit as lower oil prices weigh
SAUDI Arabia logged a budget deficit of 30 billion riyals (S$10.5 billion) in the third quarter, a finance ministry statement showed on Monday (Nov 4), as lower oil prices weighed on revenue. Read more at The Business Times.
Saudi Aramco Says Quarterly Profit Drops 15% On Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Oil giant Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Aramco's shares are down about 17 per cent this year, trailing the performance of Western oil majors Exxon and Shell, but broadly in line with BP, which is down 18 per cent
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15 pct from 2023
Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last year as low oil prices ate into
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Saudi Aramco says Q3 profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
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Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
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