DUBAI, United Arab Emirates -- Saudi oil giant Aramco reported half-year profits Tuesday of $56.3 billion, down from the year before amid worries about a slowing global economy. Aramco, formally known as the Saudi Arabian Oil Co., said its overall revenue for the half-year was $220.7 billion, up from $218.6...

Aramco reports lower half-year profits as economic worries dampen energy prices

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Stock Region

Aramco to Distribute $31 Billion in Dividends After Profit Exceeds Expectations. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The information provided is based on publicly available sources and reflects the market conditions and company performance at the time of reporting. Readers are encouraged to conduct their own research and consult with experts before making any financial decisions.

Crude Oil Company Announces $31 Billion Dividend Distribution

Global oil demand is expected to rise by between 1.6 million and 2 million barrels per day (bpd) in the second half of the year, Saudi Aramco’s chief executive Amin Nasser said on Tuesday, noting that the past week’s selloff in oil doesn’t reflect fundamentals. Aramco sees...

Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024

Net income from the first half of the financial year was $56.3 billion, down from $62 billion during the same period last year. Aramco reaffirmed its second-quarter base dividend of $20.3 billion, and declared a performance-linked dividend of $10.8 billion to be paid in the third quarter. The kingdom's gross...

Oil giant Saudi Aramco's second-quarter profit dips 3% on lower crude production volumes

Polk County, FL

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Florida State

Fort Myers, FL

Akeena

It’s a tough day for fitness enthusiasts in Florida as a well-known gym chain is pulling out of the state. The New York Sports Club, previously known as Around the Clock Fitness, has announced the closure of three locations across Florida, affecting both the local fitness community and the employees.

Florida Fitness Chain Shuts Down: Gyms Closing, Staff Laid Off

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Lahaina, HI

Business Times

Victims of last year's devastating Maui wildfire have secured a $4 billion settlement agreement, according to court filings. The settlement aims to address the claims stemming from the catastrophic fire that ravaged the historic town of Lahaina and resulted in the deaths of 102 people.

Maui Wildfire Victims Secure $4 Billion Settlement Amid Bankruptcy Concerns

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Houston, TX

Chevron Corp. announced on Friday its decision to relocate its headquarters from San Ramon, California, to Houston, Texas. This decision marks the latest in a series of high-profile corporate exits from California, driven by increasingly stringent environmental regulations and business conditions.

Chevron Follows Exodus from California, Moves HQ to Texas After 150 Years

Taylor Swift and Travis Kelce face the challenge of long-distance love as Kelce prepares for the NFL season and Swift tours Europe.

'Pretty Ballsy' Taylor Swift Fears 'Other Women' As Boyfriend Travis Kelce Prepares For NFL Season: 'There’s Always Temptation'

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Virginia State

Ronkonkoma, NY

Cheryl E Preston

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

Oil prices continued their downward spiral on Monday, driven by mounting fears of a U.S. recession and broader market selloffs. Despite concerns that escalating conflict in the Middle East could disrupt crude supplies, the negative sentiment surrounding global economic prospects overshadowed these geopolitical risks.

Oil Prices Plummet Amid US Recession Fears and Broader Market Selloff

(Bloomberg) – Some leading U.S. shale producers are planning to pump more oil this year than originally projected, a sign national supply could exceed the modest growth expectations many companies had pledged. EOG Resources Inc., one of the largest independent shale producers, Coterra Energy Inc. and Civitas Resources Inc....

Multiple U.S. shale producers boost 2024 oil and gas production forecasts following unexpected Permian success

Markets Insider

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues, Goldman Sachs predicted.

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

Aurora, CO

The Aurora Police Department released a statement on Tuesday on social media to clear up misinformation about an incident involving thousands of migrants. “Misinformation has spread on social media regarding the large gathering on Sunday at Gardens on Havana shopping center,” Aurora PD posted on X. “We recognize that Sunday’s incident was disconcerting and alarming for a large number of our residents and citizens. The purpose of this message is to provide the community with accurate information based on what we know right now.”

Law-abiding Venezuelans watch election results in Aurora, leave behind mess

NewsBreak

Saudi Aramco Faces Profit Drop Amid Lower Crude Volumes, Yet Commits to Massive $31.1 Billion Dividend Payout

Saudi Aramco, the world's most profitable oil company and a cornerstone of Saudi Arabia's economy,...

Saudi Aramco Faces Profit Drop Amid Lower Crude Volumes, Yet Commits to Massive $31.1 Billion Dividend Payout

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