Geopolitics Alpha

Aramco posts $36.3 billion profit as export infrastructure faces attacks

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, BWET, KSA, XOM
  • Market reaction: XLE −0.7% on the day (still updating); USO +0.2% on the day (still updating); BWET −7.8% on the day (still updating)

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ENERGYAramco posts $36.3 billion profitas export infrastructure facesattacksGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story.

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “aramco” (tanker shipping) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-8.2% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“aramco”).

  • FRO Frontline+8.7% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “aramco” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “aramco” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story.

  • INSW International Seaways-3.9% 12d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “aramco” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.37%+7.30%base+0.25%after closeafter closeafter close
XLE+1.44%+2.16%base-0.66%after closeafter closeafter close
BWET-1.54%+2.86%base-7.81%after closeafter closeafter close
KSA+1.02%+0.47%base+0.15%after closeafter closeafter close
FRO+3.34%+8.65%base+0.66%after closeafter closeafter close
DHT+1.11%+5.11%base+0.61%after closeafter closeafter close
XOM+0.06%+1.89%base-1.13%after closeafter closeafter close
INSW+5.42%+7.55%base+0.11%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Aramco posts $36.3 billion profit as export infrastructure faces attacks Oil & Gas 360

Source: Oil & Gas 360

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day-7.81%still updating
Amplify Commodity Trust (BWET)three days earlier+2.86%final price
Amplify Commodity Trust (BWET)five days earlier-1.54%final price
DHTthat day+0.61%still updating
DHTthree days earlier+5.11%final price
DHTfive days earlier+1.11%final price
FROthat day+0.66%still updating
FROthree days earlier+8.65%final price
FROfive days earlier+3.34%final price
INSWthat day+0.11%still updating
INSWthree days earlier+7.55%final price
INSWfive days earlier+5.42%final price
Ishares Msci Saudi Arabia Etf (KSA)that day+0.15%still updating
Ishares Msci Saudi Arabia Etf (KSA)three days earlier+0.47%final price
Ishares Msci Saudi Arabia Etf (KSA)five days earlier+1.02%final price
United States Oil Fund (USO)that day+0.25%still updating
United States Oil Fund (USO)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
Select Sector Spdr Tr (XLE)that day-0.66%still updating
Select Sector Spdr Tr (XLE)three days earlier+2.16%final price
Select Sector Spdr Tr (XLE)five days earlier+1.44%final price
ExxonMobil Holdings (XOM)that day-1.13%still updating
ExxonMobil Holdings (XOM)three days earlier+1.89%final price
ExxonMobil Holdings (XOM)five days earlier+0.06%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around United States Oil Fund (USO)

Companies carried with this story

  • USO United States Oil Fund

    For “Aramco posts $36.3 billion profit as export infrastructure faces attacks,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Aramco posts $36.3 billion profit as export infrastructure faces attacks.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story

  • BWET Amplify Commodity Trust

    For “Aramco posts $36.3 billion profit as export infrastructure faces attacks,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “aramco” (tanker shipping) in this story

  • KSA Ishares Msci Saudi Arabia Etf

    In “Aramco posts $36.3 billion profit as export infrastructure faces attacks,” Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“aramco”)

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Aramco posts $36.3 billion profit as export infrastructure faces attacks.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story

  • CVX Chevron

    For “Aramco posts $36.3 billion profit as export infrastructure faces attacks,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story

  • COP Conocophillips

    For “Aramco posts $36.3 billion profit as export infrastructure faces attacks,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Aramco posts $36.3 billion profit as export infrastructure faces attacks.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story

United States Oil Fund (USO) and the energy link

United States Oil Fund (USO) is the company in “Aramco posts $36.3 billion profit as export infrastructure faces attacks,” the 3 Nov 2026 Energy story.

What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

A simple score for United States Oil Fund (USO)

46 out of 100Price not final

“Aramco posts $36.3 billion profit as export infrastructure faces attacks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.