Saudi Aramco's profit plunges 73% in June quarter to $6.6 bn

Saudi Aramco's profit plunged by 73.4% in the June quarter, amid a slump in energy demand and oil prices due to the coronavirus crisis. The world's biggest oil exporter posted a quarterly net profit of $6.57 billion, compared to $24.7 billion in the year-ago period. However, the company said it still plans to pay $75 billion in dividends this year.