Aramco's third-quarter net profit slips on lower crude prices

Core Insights - Saudi Arabian oil company Aramco reported a 2.3% decline in its quarterly profit, attributing this decrease to lower revenue from a drop in crude and product prices [1] Financial Performance - The quarterly profit decline of 2.3% indicates a challenging financial environment for Aramco, influenced by fluctuating oil prices [1] - The report highlights the impact of lower crude and product prices on revenue generation for the company [1]