Affected by global economic uncertainties, Saudi Aramco's performance in the first quarter of this year "suffers a setback".
On the 11th local time, Saudi Aramco, the national oil company of Saudi Arabia, announced its first quarter financial report for 2025, which showed that due to global economic uncertainty and oil price fluctuations, the company's net income for the quarter was $26 billion, lower than the $27.3 billion in the same period last year. The report also indicated that the company's operating cash flow and free cash flow for the quarter were $31.7 billion and $19.2 billion respectively, also lower than the same period last year. Saudi Aramco President and CEO Amin Nasser stated that in the first quarter of 2025, changes in the global trade landscape have impacted the energy market, and economic uncertainty has had an impact on oil prices.
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