Saudi Aramco's net profit decreased by 2.3% in the third quarter.

Saudi Aramco announced on Tuesday that its third quarter profits dropped by about 2.3%, mainly due to a decrease in revenue caused by falling crude oil and product prices. The world's largest oil exporter reported a net profit of 101.02 billion riyals for the three months ending on September 30, which was lower than the 103.4 billion riyals reported in the same period last year.