{"id":341963,"date":"2020-03-16T10:36:06","date_gmt":"2020-03-16T05:06:06","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341963"},"modified":"2020-03-16T11:22:43","modified_gmt":"2020-03-16T05:52:43","slug":"saudi-aramco-reports-20-6-drop-in-2019-profit-over-low-prices-production","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-reports-20-6-drop-in-2019-profit-over-low-prices-production\/","title":{"rendered":"Saudi Aramco reports 20.6% drop in 2019 profit over low prices, production"},"content":{"rendered":"<p>Saudi Aramco on Sunday reported a 20.6 percent drop in its net profit for 2019 due to low oil prices and production levels, the company said in a statement. <\/p>\n<p>The energy giant posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, it said in the statement to the Saudi Stock Market. <\/p>\n<p>&#8220;The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins,&#8221; Aramco said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco on Sunday reported a 20.6 percent drop in its net profit for 2019 due to low oil prices and production levels, the company said in a statement. The energy giant posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, it said in the statement to the Saudi Stock Market. &#8220;The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins,&#8221; Aramco said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-341963","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}