{
  "id": 17936930,
  "title": "Saudi state oil company reports jump in profits despite attacks; Australian central bank lifts rates – business live",
  "url": "https://urgent.news/2026/11/03/saudi-state-oil-company-reports-jump-in-profits-despite-attacks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T08:40:12.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/business/live/2026/nov/03/saudi-oil-company-profits-australian-central-bank-rates-brent-crude-crypto-hack-energy-prices-latest-news-updates"
  },
  "original_language": "en",
  "account": "The Saudi state oil company, Saudi Aramco, reported a significant increase in profits despite attacks on its facilities. The world's top oil exporter posted a net profit of $3.25 billion in the third quarter of 2026, up from $26.9 billion a year earlier. While Iran's war reduced Aramco's output, higher oil prices have offset this decline. Brent crude, the global oil benchmark, rose 1.7% to $106.55, following a US strike on Iran's Qeshm Island. The UK's FTSE 100, Germany's Dax, France's CAC 40, Italy's FTSE MiB, and Spain's Ibex all experienced declines, with Brent crude trading higher after a brief dip. Australia's central bank raised interest rates for the fifth time in 2026, reaching 4.85%, aiming to bring inflation to target.",
  "summary": "Iran war reduces Aramco’s output but this has been offset by higher oil prices Virgin Media O2 is to cut thousands of UK jobs in an £800m cost-cutting drive as the telecommunications company aims to tackle its £22bn debt pile. VMO2, which is jointly owned by the British-Dutch-American telecoms company Liberty Global and Spain’s Telefónica , said £300m of the savings target will come from job cuts…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "The National Business",
        "title": "Aramco posts 34% jump in Q3 profit despite attacks on energy infrastructure",
        "url": "https://urgent.news/2026/11/03/aramco-posts-34-jump-in-q3-profit-despite-attacks-on-energy",
        "published": "2026-11-03T05:31:57.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Saudi Aramco profits surge 34.6% in third quarter",
        "url": "https://urgent.news/2026/11/03/saudi-aramco-profits-surge-34-6-in-third-quarter",
        "published": "2026-11-03T05:50:08.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Aramco posts 34.5% rise in third-quarter profit despite attacks",
        "url": "https://urgent.news/2026/11/03/aramco-posts-34-5-rise-in-third-quarter-profit-despite-attacks",
        "published": "2026-11-03T05:50:27.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Saudi Aramco Q3 net profit rises 34.5% as higher oil prices offset lower volumes",
        "url": "https://urgent.news/2026/11/03/saudi-aramco-q3-net-profit-rises-34-5-as-higher-oil-prices-offset",
        "published": "2026-11-03T06:23:11.000Z"
      },
      {
        "outlet": "Euronews",
        "title": "Saudi Aramco profits jump 35% despite attacks on oil facilities",
        "url": "https://urgent.news/2026/11/03/saudi-aramco-profits-jump-35-despite-attacks-on-oil-facilities",
        "published": "2026-11-03T07:11:36.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Aramco's profit rises as refining margins strengthen amid Iran war",
        "url": "https://urgent.news/2026/11/03/aramcos-profit-rises-as-refining-margins-strengthen-amid-iran-war",
        "published": "2026-11-03T07:24:47.000Z"
      },
      {
        "outlet": "France 24 Business",
        "title": "Despite attacks, Saudi Aramco posts 34% rise in net profits in latest quarter",
        "url": "https://urgent.news/2026/11/03/despite-attacks-saudi-aramco-posts-34-rise-in-net-profits-in-latest",
        "published": "2026-11-03T10:13:19.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Higher oil prices boost Saudi Aramco profits despite disruption from attacks",
        "url": "https://urgent.news/2026/11/03/higher-oil-prices-boost-saudi-aramco-profits-despite-disruption-from",
        "published": "2026-11-03T11:03:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}