Saudi Aramco Q1 Profit Jumps Amid CEO's Energy Shock Warning
Saudi Aramco reported a 25% increase in its first-quarter profit, driven by an oil rally. Concurrently, the company's CEO warned that the world could face its 'largest energy shock' affecting markets until 2027.
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Aramco Q1 income rises 25% amid CEO’s warning on oil supply
Read full article →Saudi giant Aramco sees 25% jump in Q1 profit jumps on oil rally
Read full article →World’s ‘largest energy shock’ may affect markets into 2027 — Saudi Aramco CEO
The world’s largest energy shock, triggered by the Hormuz blockade, could impact markets into 2027, says Saudi Aramco’s CEO. Learn about the supply loss. Read More: https://punchng.com/worlds-largest-energy-shock-may-affect-markets-into-2027-saudi-aramco-ceo/
By Punch Newspapers
Read full article →Saudi Aramco: Oil market will not recover before 2027 if the Strait of Hormuz remains closed
Brent is expected to trade at $110 per barrel this quarter, fall to $100 next quarter and to $90 by the end of the year, estimates Morgan Stanley The post Saudi Aramco: Oil market will not recover before 2027 if the Strait of Hormuz remains closed appeared first on ProtoThema English.
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