# Saudi Aramco Stock Dips Amid Oil Price Pressure: Q2 Earnings Outlook and Analyst Revisions
Discover the latest developments in Saudi Aramco's stock performance as it trades at 24.03 Saudi Riyals, down 0.74% in recent sessions. This podcast episode analyzes increased trading volumes of 17.9 million shares against the backdrop of softer crude oil prices, which have fallen 14% year-over-year to approximately $66 USD per barrel. We explore Citi's significant price target revision from 29.50 to 25.50 Saudi Riyals and what this means for investors watching this global energy giant. Learn how oil market dynamics are influencing near-term profit expectations for one of the world's largest companies by market capitalization, and why market sentiment remains cautiously neutral ahead of upcoming Q2 earnings. Essential listening for energy sector investors navigating macroeconomic uncertainties in Saudi Arabia's dominant market player.
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