Saudi Arabia's state-owned oil giant Aramco said on Sunday it boosted its dividends last year despite net profit falling to $121.3 billion from a record $161.1 billion in 2022 on lower oil prices.

Saudi Aramco profit falls to USD 121.3 bn due to lower oil prices

The Gulf countries are also hit by the coronavirus pandemic and the global growth is likely to slow down further. Watch report.

Coronavirus Pandemic: Middle East, Central Asia growth slows, Lower oil prices

President Donald Trump on Thursday issued a fresh call on the OPEC oil cartel to lower crude prices, saying the United States was providing Middle Eastern energy giants with security.

Trump tells OPEC to lower oil prices, says 'we protect Middle East'

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Saudi Aramco profit falls to USD 121.3 bn due to lower oil prices

Coronavirus Pandemic: Middle East, Central Asia growth slows, Lower oil prices

Trump tells OPEC to lower oil prices, says 'we protect Middle East'