Saudi oil giant Aramco reports $106 billion profit in 2024, down 12% on lower energy prices

DUBAI, United Arab Emirates (AP) — Saudi Arabia's state-owned oil giant Aramco reported a $106.25 billion profit in 2024 on Tuesday, down 12% from the prior year on lower energy prices. A filing on Riyadh's Tadawul stock exchange showed the oil company, formally known as the Saudi Arabian Oil Co.,…