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Saudi Aramko was reduced to the first quarter in profit and $ 10 billion in profit and reported one of the fixed assets for the budget of Saudi Arabia to reduce the main source of oil and reducing the main source for oil prices.
The world’s largest oil company reduced its net income to 5 percent a year ago. On average, the price of oil was $ 76.30, in the same quarter in the same quarterly $ 76.30.
The performance has halved the benefits of some peers, including the first quarter and decreased by 28 percent. Aramko Cut the total dividend in the last year to $ 21.4 billion.
In March, the total payment of this year will be about $ 124 billion paid by the total payment of this year in 2024 and announced that it would be about $ 85 billion.
Payments from the Aramco dividends will add to pressure on Saudi Arabia, as it spends billions of dollars as the state and related institutions such as the State Investment Fund, and the dependence of oil revenues.
The economic diversification program launched by TAC Prince Mohamed Bin Salman is a futuristic zone in a futuristic area named Neom, including several ambitious so-called gigaprojects.
In the first quarter, up to $ 15.6 billion in the first quarter to $ 15.6 billion.
Amin Nasser, Aramco President and CEO SITA NASSER, “Global trade dynamics affected energy markets in the first quarter of 2025, economic uncertainty affecting oil prices.”
Since the end of the neighborhood, oil prices, after the increase in trade tariffs and OPEC +, about $ 64 oil prices fell to about $ 64 after the Saudi LED oil cartel.
In case of decreasing oil in Saudi Arabia, the US President Donald Trump, who wanted to reduce expenses for consumers, was welcomed by Donald Trump. He also argued that oil prices will increase pressure to complete the war against Russia with Ukraine.
Trump, which causes market volatility and reduces oil prices, is due to the visit to Saudi Arabia as part of the regional tour of Saudi Arabia.
Aramco informed his dividend to do not have any management whether he had to reduce the cost or reducing the costs, but the “disciplined capital planning and execution” was vital during the volatility changes of the oil price.
Riyadh already recalculates the expenditure of some projects and extends others with a longer period of time.
However, in 2034, the country faces expos 2030 and the end dates to build infrastructure to hold a number of major measures, including a number of major measures, including the FIFA World Cup.
The main wealth fund of the government and Saudi Arabia, PIF, together with more than 97% of Aramco.
Despite oil prices, members of Saudi Arabia and Opec + Coalition are moving forward by increasing production.
Eight Opec + member, including Saudi Arabia and Russia, said they will increase the supply of 411,000 barrels a day with an increase in second monthly in the second month.
JORGE LEóN, Energy Consulting Rystad, which is currently a turn of a turn in the strategy from the group, he said.
