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Aramco's earnings drop for 10th consecutive quarter

The world’s biggest oil company saw its earnings drop for the 10th consecutive quarter this week as low crude prices took a toll on Saudi Aramco’s finances.

This picture shows Aramco tower in Riyad's King Abdullah Financial District (KAFD) on March 3, 2025. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

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The world’s biggest oil company saw its earnings drop for the 10th consecutive quarter this week as low crude prices took a toll on Aramco’s finances. Meanwhile, Beijing is keeping busy with its Gulf investment as a Chinese company builds Oman’s first green hydrogen plant. All that and more in this week’s newsletter.

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