Aramco Profit Drops With Weak Oil Signaling More Strain

Bloomberg · last updated May 11, 2025 – 4:03 PM

Saudi Aramco reported a decline in profit in the first quarter as lower crude prices put pressure on the finances of the world’s biggest oil exporter.

Net income slipped 4.6% to 97.5 billion riyals ($26 billion) in the quarter, according to a statement Sunday. Free cash flow again failed to cover the dividend despite the total payout being lower. Operating profit, which fell 5.3%, beat analyst estimates compiled by Bloomberg.

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