Aramco’s profit falls sharply, underscoring the twin impact of an oil-price rout and the coronavirus on Saudi Arabia’s worsening finances

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Aramco’s profit falls sharply, underscoring the twin impact of an oil-price rout and the coronavirus on Saudi Arabia’s worsening finances

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DUBAI—Saudi Aramco said its first-quarter profit fell and it would cut spending this year, underscoring the twin impact of an oil-price rout and the coronavirus pandemic on the kingdom’s worsening finances.
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