Oil giant Aramco released its first-quarter results and it wasn't really surprising that they reported a 25% fall in first-quarter net profit even though
Oil giant Aramco released its first-quarter results and it wasn't really surprising that they reported a 25% fall in first-quarter net profit even though their dividend was in line with a plan for a $75 billion payout to shareholders for the year.
The reason for the fall in profits is all because of the falling oil prices that came about as a result of the overproduction of oil.
As of the moment an Aramco stock is trading for 31.25(1.13%) Saudi Rials