A Saudi Aramco employee in a branded helmet at one of the company’s oil facilities.DUBAI—.
Saudi Arabian Oil Co., known as Aramco, said Tuesday that it made a net profit of 119.54 billion Saudi riyals, equivalent to roughly $31.88 billion, in the first three months of the year, down from $39.47 billion in the same period last year, when it benefited from soaring oil prices after Russia invaded Ukraine.
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