Saudi Aramco’s first quarter revenue elevated 30% on stronger oil market By Reuters

© Reuters. FILE PHOTO: A view exhibits branded oil tanks on the Saudi Aramco oil facility in Abqaiq

DUBAI (Reuters) – Saudi state oil producer Aramco (SE 🙂 on Tuesday reported a 30% enhance in first-quarter internet revenue on Tuesday, boosted by a stronger oil market and better refining and product margins chemical.

Internet revenue rose to $ 21.7 billion for the quarter as at March 31, from $ 16.7 billion a 12 months earlier.

Analysts had anticipated internet revenue of $ 19.48 billion, in keeping with the typical estimate of 5 analysts.

Warning: Fusion Media reminds you that the information contained on this web site is just not essentially real-time or correct. All CFDs (shares, indices, futures) and Foreign exchange costs are usually not supplied by exchanges however slightly by market makers, so costs might not be exact and will differ from the precise market worth. , which implies that the costs are indicative and never appropriate for buying and selling functions. Due to this fact, Fusion Media assumes no accountability for any enterprise losses that you could be incur because of using this information.

Fusion Media or anybody concerned with Fusion Media won’t settle for any accountability for loss or injury ensuing from reliance on any data, together with information, quotes, graphics and purchase / promote alerts contained on this web site. Be totally knowledgeable of the dangers and prices related to buying and selling within the monetary markets, it is among the riskiest types of investing attainable.

About Edith J.

Check Also

Simply 4 days earlier than TE Connectivity Ltd. (NYSE: TEL) trades excluding dividend

TE Connectivity Ltd. (NYSE: TEL) is ready to commerce ex-dividend inside the subsequent 4 days. …