{
  "id": 17953859,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T11:03:56.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/business/2026/11/03/higher-oil-prices-boost-saudi-aramco-profits-despite-disruption-from-attacks"
  },
  "original_language": "en",
  "account": "Saudi Aramco, the majority state-owned oil company, announced on Tuesday a 35% surge in third-quarter net profit, driven by higher oil prices and the sale of its equity stake in a Malaysian refining and petrochemical firm. The net profit surged to $36.3 billion from $26.9 billion in the same period last year, while adjusted net profit saw a 9% rise to $31.2 billion after excluding the stake sale. Despite disruptions caused by attacks on its facilities and disruptions in oil exports due to the Iran war, Aramco's profits remained robust. The company reported an average oil price of $95.20 per barrel during the quarter, up from $70.10 in the previous year. This price increase was attributed to the outbreak of the Iran war, which led to supply disruptions and heightened market uncertainty. Aramco continues to maintain significant oil exports through the East-West pipeline to Yemen's Red Sea port of Yanbu, despite attacks, and also through a U.S.-protected corridor in the strait of Oman.",
  "summary": null,
  "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": "Guardian Business",
        "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",
        "published": "2026-11-03T08:40:12.000Z"
      },
      {
        "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"
      }
    ]
  },
  "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."
}