Saudi Aramco has been impacted by the plunge in oil prices. Saudi Arabia's total national revenues for the first quarter reached 192.072 billion riyals, down 22 pct percent year-on-year.
RIYADH: Saudi Arabia on Wednesday reported a first quarter budget deficit of 34.107 billion Saudi riyals ($9.09 billion), as oil revenue was hit hard by a combination of sliding global prices, demand and a supply glut in the wake of the coronavirus crisis.
That reversed a first quarter surplus of around $7.4 billion in 2019.
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