Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Aramco Profit Surges 33% Amid War-Driven Oil Price Surge

Guavy AI Editorial Team
Instruments
Oil
Share

Saudi Aramco's second-quarter profit surged by 33% to US$33.4 billion, exceeding analysts' estimates of US$31.1 billion compiled by Bloomberg.

The boost was largely due to a war-driven increase in oil prices, with benchmark Brent crude averaging almost US$97 a barrel during the quarter.

Aramco redirected most exports to the Red Sea to bypass the Strait of Hormuz, which saw the biggest oil supply disruption in history.

More on Commodities

Commodities 2m ago

Ukraine Turns Novorossiysk into Chokepoint for Russian Exports

Commodities 2m ago

Kazakhstan Grains Flood Afghan Markets Amid Pakistan Trade Disruptions

Commodities 2m ago

Kernel Grain Exports Surge 15% Amid Ukraine Port Attacks

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy