{
  "id": 17959840,
  "title": "Aramco profit rises 9% after East-West pipeline attacks",
  "url": "https://urgent.news/2026/11/03/aramco-profit-rises-9-after-east-west-pipeline-attacks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T12:06:15.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/aramco-profit-rises-9-after-east-west-pipeline-attacks-1.500734222"
  },
  "original_language": "en",
  "account": "Saudi Aramco reported a 9% increase in adjusted net income for Q3 on November 3, following drone attacks that disrupted its East-West pipeline in September. The company has since restored exports to prewar levels by utilizing alternate routes, such as tanker tracking data showing Saudi exports reaching 7 million barrels per day in October. Oil and other liquids output rose 15% from the previous quarter, though it remains below last year's levels. CEO Amin Nasser stated that Aramco is exploring more overseas storage and alternate export routes in response to ongoing geopolitical uncertainty and attacks on energy facilities. The pipeline is the kingdom's primary route around the Strait of Hormuz, with Houthi militants targeting Aramco refineries, a major oil field, and its headquarters in recent weeks. Adjusted net income reached $31.2 billion, surpassing analyst forecasts for the quarter, with downstream earnings before interest and tax jumping 234% to a record high. Cash and dividend flow rose to $38.7 billion, with a base dividend of $21.9 billion declared, up 3.5% year on year. Aramco anticipates global liquids demand to grow by 2.4 million barrels per day next year, with additional demand expected after market normalization, requiring production capacity expansion to meet inventory replenishment goals.",
  "summary": "Dubai: Saudi Aramco reported a 9 per cent rise in Q3 adjusted net income on November 3. This comes on the back of drone attacks which shut its East-West pipeline in September. The company says they have since pushed exports back to prewar levels. The company says they have offset part of their losses by using alternate routes avoid the Strait of Hormuz. It raised exports from eastern Gulf…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Arabian Business",
        "title": "Aramco profit rises 9% to $31.2bn as oil refining business booms",
        "url": "https://urgent.news/2026/11/03/aramco-profit-rises-9-to-31-2bn-as-oil-refining-business-booms",
        "published": "2026-11-03T12:07:16.000Z"
      },
      {
        "outlet": "Semafor",
        "title": "Saudi Aramco reports profit surge on higher oil prices",
        "url": "https://urgent.news/2026/11/03/saudi-aramco-reports-profit-surge-on-higher-oil-prices",
        "published": "2026-11-03T13:25:57.000Z"
      }
    ]
  },
  "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."
}