Finance

Saudi Aramco profit drops 23% on lower oil prices and production cuts

Energy giant reported $42.4 billion net income for comparable period last year

Quarterly results: Saudi Aramco chief executive Amin Nasser.
Quarterly results: Saudi Aramco chief executive Amin Nasser.Photo: AFP/SCANPIX
Middle East EditorNew Delhi
Saudi AramcoSaudi ArabiaAmin NasserMiddle East
Published 7 November 2023, 07:28Updated 8 November 2023, 12:09