Aramco Q2 profit drops 3% on lower crude output

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Aramco Q2 profit drops 3% on lower crude output
Transcript
00:00Aramco revealed its second-quarter profit dropped 3.4 percent due to lower crude volumes
00:06and weaker refining margins.
00:08The Saudi state oil giant reported second-quarter net income of 109.1 billion rials, exceeding
00:14a median expectation of $12.7 billion from 15 analysts.
00:19Additionally, the company anticipates $124.2 billion in total dividends in 2024, which
00:25is approximately in line with the $124.3 billion in previous guidance.

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