Aramco Sees 42% Profit Surge on Stronger Oil Prices
Saudi Aramco's Q2 net profit soared by 42% in 2026, thanks to higher oil and product prices that offset rising operating costs and taxes. The company maintained its quarterly dividend at $21.9 billion.
The increased revenue was a welcome boost for the state-owned energy giant, which has been navigating the complexities of the global energy market.