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Saudi Aramco's Profit Plunges 73.4%, Deepening Budget Crisis
Saudi state oil group Aramco (2222.SE) on Sunday reported a 73.4% fall in second-quarter net profit, a steeper drop than analysts had forecast, and said it expected capital expenditure for 2020 to be at the lower end of a $25 billion to $30 billion range. The world’s biggest oil exporter…
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Click here to read the full story: Haaretz