Saudi Arabia Q3 GDP Shrinks for 2nd Quarter
Published . Updated .
Saudi Arabia’s economy shrank 3.8% year-on-year in the third quarter of 2026, after contracting 4.7% in the previous quarter, preliminary estimates showed.It was the second straight quarter of economic contraction, as oil activities slumped 20.4%, following a 24.8% plunge in Q2
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- KSA iShares MSCI Saudi Arabia ETF-7.6% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+15.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+8.3% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+0.1% 13d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| KSA | -0.90% | +1.25% | base | after close | after close | after close | after close |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| CVXNo price data for this ticker | — | — | — | — | — | — | — |
| COPNo price data for this ticker | — | — | — | — | — | — | — |
| SHELNo price data for this ticker | — | — | — | — | — | — | — |
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.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Saudi Arabia Q3 GDP Shrinks for 2nd Quarter TradingView
Source: TradingView
Price since this story was published: Ishares Msci Saudi Arabia Etf (KSA)
| Company | When | Move | Status |
|---|---|---|---|
| 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 |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 18 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 62 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 18 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 39 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 60 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 67 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 69 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
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 Ishares Msci Saudi Arabia Etf (KSA)
Companies carried with this story
- KSA Ishares Msci Saudi Arabia Etf
In “Saudi Arabia Q3 GDP Shrinks for 2nd Quarter,” 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”)
- EEM Ishares Tr
Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Saudi Arabia Q3 GDP Shrinks for 2nd Quarter.” Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Saudi Arabia, which this story is about
How “Saudi Arabia Q3 GDP Shrinks for 2nd Quarter” reaches Ishares Msci Saudi Arabia Etf (KSA)
The 1 Nov 2026 story “Saudi Arabia Q3 GDP Shrinks for 2nd Quarter” names Ishares Msci Saudi Arabia Etf (KSA) because of this story.
For Ishares Msci Saudi Arabia Etf (KSA), the reason on file says iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)
Also listed, Ishares Tr (EEM): iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Saudi Arabia, which this story is about
Dates and price levels for Ishares Msci Saudi Arabia Etf (KSA)
EEM traded between 65.24 and 69.22 across 18 sessions. The latest close on file is 65.76. KSA traded between 33.59 and 36.98 across 20 sessions. The latest close on file is 34.31.
How strong the case is around Ishares Msci Saudi Arabia Etf (KSA)
21 out of 100
“Saudi Arabia Q3 GDP Shrinks for 2nd Quarter” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.