Saudi Arabian oil company Aramco, the world’s top oil exporter, reported a 2.3 per cent decline in its quarterly profit on Tuesday, citing a drop in crude and product prices, but performance improved from the previous quarter as oil production rose.
Shares rose up to 1.1 per cent to 25.88 riyals at around 5 GMT after the earnings were published.
The kingdom has been pumping more crude as OPEC+ unwinds
