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Saudi Aramco, the world's largest oil exporter, reported net profit of $ 46.9 billion in the first half of this year, up from $ 53.02 billion a year earlier.
Aramco said Monday morning that "total revenues amounted to $ 163.88 billion in the first half of this year, down from $ 167.68 billion a year ago," according to the agency Reuters ".
The Saudi company has attributed falling profits to lower oil and production prices as Saudi Arabia cuts production as part of a global deal called "OPEC +" to cut production in order to cope to the overabundance of the market supply.
Saudi Aramco announced Sunday that it has reduced the official selling price of the average Arabic crude to Asian customers by 0.75% in September, registering a premium of $ 1.70 per barrel over the average prices of Oman and Japan. Dubai.
Saudi Arabia has raised the official selling price of light Arab crude oil for Northwestern Europe by $ 0.05 compared to the price of Brent, which represents an increase of $ 2.65 per barrel over at the price of August, according to the agency "Reuters".
He set the official selling price of the US Arab light crude at a premium of $ 2.85 per barrel compared to the high sulfur Argos index in September, unchanged from the previous month.
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