Saudi Aramco President and CEO Amin Nasser
Saudi Aramco President and CEO Amin Nasser said that the oil giant has significant operational resilience and advanced contingency plans that enable it to deal with any potential disruptions and ensure reliable supplies to its customers amid geopolitical developments in the region.
Speaking during a discussion of Aramco’s financial results, Nasser added that global oil demand exceeded 106 million barrels per day in 2025, which is a record level, with demand expected to grow between 1.1 and 1.4 million bpd in 2026.
Markets are becoming tighter as global inventories fall to their lowest levels in five years, coupled with a decline in global spare production capacity, said the top executive, pointing out that weak investment in new supplies could lead to continued supply tightness in the future.
Nasser also emphasized that employee safety and operational continuity remain a top priority for the company under the current circumstances.
According to Argaam‘s data, Aramco’s profit fell to SAR 348.04 billion at the end of 2025, down 12% from SAR 393.89 billion recorded a year earlier. The fourth-quarter profit reached SAR 69.5 billion, down 20% year-on-year.
Saudi Aramco President and CEO Amin Nasser
Saudi Aramco President and CEO Amin Nasser said that the oil giant has significant operational resilience and advanced contingency plans that enable it to deal with any potential disruptions and ensure reliable supplies to its customers amid geopolitical developments in the region.
Speaking during a discussion of Aramco’s financial results, Nasser added that global oil demand exceeded 106 million barrels per day in 2025, which is a record level, with demand expected to grow between 1.1 and 1.4 million bpd in 2026.
Markets are becoming tighter as global inventories fall to their lowest levels in five years, coupled with a decline in global spare production capacity, said the top executive, pointing out that weak investment in new supplies could lead to continued supply tightness in the future.
Nasser also emphasized that employee safety and operational continuity remain a top priority for the company under the current circumstances.
According to Argaam‘s data, Aramco’s profit fell to SAR 348.04 billion at the end of 2025, down 12% from SAR 393.89 billion recorded a year earlier. The fourth-quarter profit reached SAR 69.5 billion, down 20% year-on-year.
