Saudi Aramco follows Big Oil rivals with bumper earnings

The largest oil outfit on the globe saw its Q1 profit increase and was able to maintain its dividend payout, boosting Saudi national coffers after last year's growing deficit.
Photo: AHMED JADALLAH/REUTERS / X90013
Photo: AHMED JADALLAH/REUTERS / X90013
By Paul Wallace and Matthew Martin, Bloomberg News

Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, allowing the state-owned company to maintain its dividend.

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