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Saudi Arabia’s Oil Giant Keeps $31-Billion Q1 Dividend Despite Profit Drop
Credit: OilPrice.com- Published on May 7, 2024
Saudi Aramco is keeping its huge dividend of $31.1 billion for the first quarter despite a decline in net income due to lower crude sales as the Kingdom is voluntarily restricting supply to the market. Aramco, the state oil giant of the world’s top crude oil exporter and the largest oil firm globally, reported on Tuesday a...
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