Saudi Aramco Profit Rises 9%

Saudi Aramco posted a 9 percent increase in third-quarter profit, driven by higher refinery earnings and oil prices that Bloomberg reported were approximately 35 percent above year-earlier levels. Bloomberg attributed the price increase partly to the Iran war. The company reported the results on Tuesday.

• Bloomberg — Saudi Aramco Profit Rises 9%
• NYT — Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries

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