Saudi Arabia and Gulf producers export oil at about pre-war rates
Published . Updated .
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This report is about oil and defense.
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 “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “gulf” (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 (“saudi”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Saudi Arabia.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-1.9% 10d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Saudi Arabia
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Saudi Arabia.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -1.54% | -1.29% | base | -7.16% | — | after close | after close |
| XLE | -0.51% | -2.20% | base | -3.91% | — | after close | after close |
| ITA | -1.26% | -0.97% | base | +2.36% | +2.98% | after close | after close |
| BWET | -4.39% | -3.93% | base | -2.78% | — | after close | after close |
| KSA | -0.90% | +1.25% | base | -0.03% | +0.35% | after close | after close |
| CEW | +0.00% | +0.00% | base | +0.00% | — | after close | after close |
| EMB | -0.61% | -0.30% | base | -0.29% | -0.57% | after close | after close |
| EMLC | +0.08% | +0.20% | base | -0.10% | -0.31% | after close | after 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.
Saudi Arabia and Gulf producers export oil at about pre-war rates Quartz
Source: Quartz
United States Oil Fund (USO) compared with energy stocks (XLE) since 2 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -2.78% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | -3.93% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | -4.39% | final price |
| Wisdomtree Tr (CEW) | that day | 0.00% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EMB) | that day | -0.29% | final price |
| Ishares Tr (EMB) | the next day | -0.57% | still updating |
| Ishares Tr (EMB) | three days earlier | -0.30% | final price |
| Ishares Tr (EMB) | five days earlier | -0.61% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | that day | -0.10% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | the next day | -0.31% | still updating |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +0.20% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.08% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +2.36% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | +2.98% | still updating |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -0.97% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | -1.26% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | that day | -0.03% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | the next day | +0.35% | still updating |
| Ishares Msci Saudi Arabia Etf (KSA) | three days earlier | +1.25% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | five days earlier | -0.90% | final price |
| United States Oil Fund (USO) | that day | -7.16% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
| Select Sector Spdr Tr (XLE) | that day | -3.91% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.20% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -0.51% | final price |
Who collects and who pays in energy
Companies carried with this story
- USO United States Oil Fund
For “Saudi Arabia and Gulf producers export oil at about pre-war rates,” 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 “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Saudi Arabia and Gulf producers export oil at about pre-war rates.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- ITA IShares U.S. Aerospace & Defense ETF
In “Saudi Arabia and Gulf producers export oil at about pre-war rates,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
- BWET Amplify Commodity Trust
For “Saudi Arabia and Gulf producers export oil at about pre-war rates,” 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 “gulf” (tanker shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
In “Saudi Arabia and Gulf producers export oil at about pre-war rates,” 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 (“saudi”)
- CEW Wisdomtree Tr
In “Saudi Arabia and Gulf producers export oil at about pre-war rates,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Saudi Arabia
- EMB Ishares Tr
In “Saudi Arabia and Gulf producers export oil at about pre-war rates,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Saudi Arabia
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
In “Saudi Arabia and Gulf producers export oil at about pre-war rates,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Saudi Arabia
How energy news reaches United States Oil Fund (USO)
“Saudi Arabia and Gulf producers export oil at about pre-war rates” (2 Nov 2026) reaches United States Oil Fund (USO) through Energy.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
What this energy story puts on the calendar
ITA traded between 197.59 and 215.76 across 20 sessions. The latest close on file is 214.70. 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 strong the case is around United States Oil Fund (USO)
46 out of 100Price not final
“Saudi Arabia and Gulf producers export oil at about pre-war rates” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.