Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Saudi Aramco reported a 15.4% drop in net profit in the third quarter due to lower crude oil prices and weakening refining margins. Despite this, the company maintained a 31.05 billion dividend. The decline in profit was attributed to lower global oil prices, weaker demand, and OPEC+ production cuts. The company’s earnings before Interest and…