Saudi Aramco beats quarterly profit forecast, maintains dividend
State-run oil producer Saudi Aramco (2222.SE) beat analysts’ forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices. Earnings by global energy companies such as Exxon Mobil (XOM.N) have climbed on the back of rising crude prices, which are up by about a third this year, as fuel […]
Yemen’s Houthis say fired drone at southern Saudi air base
Yemen’s Houthi forces on Wednesday launched a drone at a military air base in the southern Saudi Arabian city of Khamis Mushait, the group’s military spokesman said on Twitter. A Saudi-led coalition battling the Iran-aligned movement said Saudi Arabian air defences had intercepted and destroyed a drone fired towards the kingdom, state news agency SPA […]
