Saudi Aramco Faces Profit Decline and Dividend Cut Amidst Oil Market Shifts

🟠Introduction Saudi Aramco, the global oil giant, reported a 12% drop in 2024 net earnings to $106.2 billion, driven by lower oil prices and sales volumes. Facing market volatility and dividend cuts, the company is pivoting toward renewables and digital innovation to ensure long-term resilience. 📉 Aramco’s 2024 Financial Dip: Key Insights Saudi Aramco, the … Continue reading Saudi Aramco Faces Profit Decline and Dividend Cut Amidst Oil Market Shifts