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Commodities

Aramco Sees 42% Profit Surge on Stronger Oil Prices

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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.

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