Aramco net income slips to $22.7 billion on lower revenues, higher operating costs

Aramco chief executive Amin Nasser said market fundamentals remain strong and the company anticipates oil demand in the second half of 2025 to be 2 million bpd higher than the first half

Saudi Aramco chief executive Amin Nasser.
Saudi Aramco chief executive Amin Nasser.Photo: CERAWEEK BY S&P GLOBAL
Published 5 August 2025, 06:40Updated 5 August 2025, 08:09
Saudi AramcoSaudi ArabiaAmin NasserZulufMarjan