Oil
Aramco debt nears three-year high
As the fall in oil prices is weighing on earnings, the company's net debt has risen to its highest level for almost three years, putting pressure on the finances of the world's largest oil exporter.
5/12/2025
Aramco's net debt rose by 18 per cent to 92.4 billion riyals (24.6 billion dollars) in the first quarter compared to the end of the previous year, according to a statement on Monday (12 May 2025).The increase is due to the fact that the company was once again unable to fully cover the total payout from free cash flow. Nevertheless, its debt is…
