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Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
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DUBAI, United Arab Emirates -- Saudi Arabian oil giant Aramco reported a third-quarter profit of $27.5 billion Tuesday, down about 15% from last year as low oil prices ate into its revenues.
Saudi Arabia's crude oil exports increased in September as domestic demand cooled and global oil markets remain volatile.