Oil: Aramco Cuts Dividend To About $85 Billion In Saudi Budget Setback Tornade [Gi4EFJFRjV0]

Saudi Aramcocut the worlds biggest dividend scottish premiership in a blow for Saudi Arabias widening budget deficit, as the company seeks to relieve the stress on its own finances. The firm expects the total payout to be about $85 billion in 2025, compared with $124 billion for last nicolussi caviglia year, it said in a statement Tuesday. Bloomberg's Joumanna Bercetche reports.

--------

More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any alessio uomini e donne videos from Bloomberg Markets & Finance:

Visit for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:

X:

Facebook:

Instagram:

Connect with Bloomberg Business on:

X:

Facebook:

Instagram:

TikTok:

Reddit:

LinkedIn:

More from Bloomberg:

Bloomberg Radio:

Bloomberg Surveillance:

Bloomberg Politics:

Bloomberg Originals:

Watch more on YouTube:

Bloomberg Technology:

Bloomberg Originals:

Bloomberg Quicktake:

Bloomberg Espanol:

Bloomberg Podcasts: