Geopolitics Alpha

Aramco's Q3 profit rises by a third despite attacks

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, BWET, KSA, XOM
  • Market reaction: price tracking starts with the next trading session.

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DEFENSEAramco's Q3 profit rises by athird despite attacksGEOPOLITICS 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%baseafter closeafter closeafter closeafter close
XLE+1.44%+2.16%baseafter closeafter closeafter closeafter close
BWET-1.54%+2.86%baseafter closeafter closeafter closeafter close
KSA+1.02%+0.47%baseafter closeafter closeafter closeafter close
FRO+3.34%+8.65%baseafter closeafter closeafter closeafter close
DHT+1.11%+5.11%baseafter closeafter closeafter closeafter close
XOM+0.06%+1.89%baseafter closeafter closeafter closeafter close
INSW+5.42%+7.55%baseafter closeafter 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's Q3 profit rises by a third despite attacks Reuters

Source: Reuters

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

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+2.86%final price
Amplify Commodity Trust (BWET)five days earlier-1.54%final price
DHTthree days earlier+5.11%final price
DHTfive days earlier+1.11%final price
FROthree days earlier+8.65%final price
FROfive days earlier+3.34%final price
INSWthree days earlier+7.55%final price
INSWfive days earlier+5.42%final price
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)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
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)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 tied to this story

  • USO United States Oil Fund

    For “Aramco's Q3 profit rises by a third despite 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

    For “Aramco's Q3 profit rises by a third despite attacks,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Aramco's Q3 profit rises by a third despite attacks.” 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

    Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Aramco's Q3 profit rises by a third despite attacks.” Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“aramco”)

  • XOM ExxonMobil Holdings

    In “Aramco's Q3 profit rises by a third despite attacks,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. 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

    In “Aramco's Q3 profit rises by a third despite 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

    In “Aramco's Q3 profit rises by a third despite 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's Q3 profit rises by a third despite 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 defense link

“Aramco's Q3 profit rises by a third despite attacks” (3 Nov 2026) reaches United States Oil Fund (USO) through Defense.

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

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story

Dates and price levels for United States Oil Fund (USO)

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.

How solid the defense case looks

46 out of 100

“Aramco's Q3 profit rises by a third despite attacks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.