Saudi Aramco Reports $26.9 Billion Profit in Third Quarter, Down Slightly Over Lower Oil Prices

Guests stand at the booth of the ARAMCO (officially the Saudi Arabian Oil Company), during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco is reporting a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on the market. In filing Tuesday on Riyadh’s Tadawul stock exchange, Aramco, formally known as the Saudi Arabian Oil Co., reported overall revenue of $111 billion in the third quarter, compared with $123 billion in the same period last year.