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Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

  • Saudi Aramco reported third-quarter profits of $27.5 billion, reflecting a 15% drop from last year, impacted by low oil prices.
  • Revenues for the quarter reached $111.1 billion, according to a filing on the Tadawul stock exchange.
  • Aramco plans to pay dividends totaling $20.28 billion and aims for over $124 billion in annual dividends.
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