{"id":413495,"date":"2021-05-05T08:37:04","date_gmt":"2021-05-05T03:07:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413495"},"modified":"2021-05-05T08:55:48","modified_gmt":"2021-05-05T03:25:48","slug":"saudi-aramco-beats-first-quarter-profit-forecast-keeps-dividend-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-beats-first-quarter-profit-forecast-keeps-dividend-2\/","title":{"rendered":"Saudi Aramco beats first-quarter profit forecast, keeps dividend"},"content":{"rendered":"<p>DUBAI (Reuters) &#8211; Saudi Arabian state oil producer Aramco on Tuesday beat analysts&#8217; forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices. <\/p>\n<p>Earnings by global energy companies such as Exxon Mobil have increased on the back of crude oil prices, which have risen by about a third this year, as a global oil surplus caused by the pandemic dwindles and fuel demand recovers.<\/p>\n<p>&#8220;Given the positive signs for energy demand in 2021, there are more reasons to be optimistic that better days are coming,&#8221; Aramco CEO Amin Nasser said in a statement.<\/p>\n<p>&#8220;And while some headwinds still remain, we are well-positioned to meet the world&#8217;s growing energy needs as economies start to recover.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI (Reuters) &#8211; Saudi Arabian state oil producer Aramco on Tuesday beat analysts&#8217; forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices. Earnings by global energy companies such as Exxon Mobil have increased on the back of crude oil prices, which have risen by about a third this year, as a global oil surplus caused by the pandemic dwindles and fuel demand recovers. &#8220;Given the positive signs for energy demand in 2021, there are more reasons to be optimistic that better days are coming,&#8221; Aramco CEO Amin Nasser said in [&hellip;]<\/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-413495","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\/413495","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=413495"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413495\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}