Saudi Aramco reported a 5% year-over-year drop in first-quarter net income, posting $26 billion as lower oil prices and production weighed on results, according to CNBC. The figure beat analyst expectations of $25.3 billion but declined from $27.3 billion in Q1 2024. Aramco cut its bonus dividend to $200 million for the second quarter, shrinking total payouts to $21.36 billion from $31 billion a year earlier.
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2025