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Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

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Summary
Nutrition label

79% Informative

Saudi state oil producer Aramco reported decline in net profit to $106.2 billion in 2024 , down from $121.3 billion in 2023 .

Lower oil prices hit the company's net profit last year as crude production around the world increased and demand slowed.

Aramco 's revenue fell to $436.6 billion , compared to $440.8 billion the year before .

VR Score

87

Informative language

93

Neutral language

9

Article tone

formal

Language

English

Language complexity

29

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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