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Saudi state oil company reports jump in profits despite attacks; Australian central bank lifts rates – business live

The Guardian Business's headline. Reported by The Guardian Business.

File picture: Eurico Zimbres via Wikimedia Commons, CC BY-SA 2.5

What the sources say, in brief

According to The Guardian Business, Saudi state oil company Saudi Aramco reported that its profits rose by more than a third in the latest quarter. The Guardian said the Iran war reduced Aramco's output, but higher oil prices offset this. The same live blog also covers an Australian central bank rate rise. Only one source was supplied, so no disagreements between outlets can be identified. The excerpt is truncated, so further details are not available.

Key points

  • The Guardian Business reports Saudi Aramco profits rose by more than a third in the latest quarter.
  • The Guardian Business says the Iran war reduced Aramco's output.
  • The Guardian Business says higher oil prices have offset the reduced output.
  • The Guardian Business live blog also reports that the Australian central bank lifted rates.

Generated from the headlines and excerpts below and checked automatically: any number or name not present in the sources rejects the summary, and each bullet is checked the same way. Version 1.

Who is covering it

  1. The Guardian Business United Kingdom Saudi state oil company reports jump in profits despite attacks; Australian central bank lifts rates – business live Iran war reduces Aramco’s output but this has been offset by higher oil prices Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The Saudi state oil company Saudi Aramco has reported that profits rose by more than a third in the latest quarte 3 h ago · Tier 1

Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.

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