Saudi Aramco reports 44.6% dive in Q3 profit
Energy giant Saudi Aramco on Tuesday posted a 44.6 per cent slump in third-quarter profit, as the coronavirus pandemic weighs heavily on demand for crude oil. “Net income for the third quarter of 2020 was 44.21 billion Saudi riyals ($11.79 billion),” the company said in a statement, compared to $21.3 billion in the same period […]
