Saudi Aramco Base Oil Company – Luberef: Net income surged 16% year-over-year and 135% sequentially, with GCC expansion milestones

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Q1 2026 saw robust financial and operational results, with net income up 16% year-over-year and 135% sequentially, despite lower base oil margins. Expansion into new GCC markets and strong safety performance underscored strategic progress.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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