Saudi Aramco's net income for the first quarter decreased year-on-year.

Saudi Aramco, the state-owned oil company of Saudi Arabia, announced its financial report for the first quarter of 2025 on the 11th, showing that due to global economic uncertainty and oil price fluctuations, the net income of Saudi Aramco for the quarter was $26 billion, lower than the $27.3 billion in the same period last year. The report also shows that the operating cash flow and free cash flow of Saudi Aramco for the quarter were $31.7 billion and $19.2 billion, respectively, also lower than the same period last year. Amin Nasser, President and CEO of Saudi Aramco, stated that in the first quarter of 2025, changes in the global trade landscape affected the energy market, and economic uncertainty had an impact on oil prices.