Saudi Aramco first-quarter net profit slides 25% as oil prices fall

DUBAI (Reuters) - Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.Brent crude prices fell 65% in the first quarter, before OPEC+ producers agreed to cut oil supply by a record 9.7 million barrel per day starting from May to help shore up prices and curb oversupply. [O/R] Net profit fell to 62.48 billion riyals ($16.64 billion) after zakat and tax for..