Saudi Arabia’s GDP falls 3.8% in Q3 — Asharq Al-Awsat
Published . Updated .
Saudi Arabia’s GDP contracted by 3.8% year on year in the third quarter of 2026, as oil activity fell by 20.4%, while the non-oil sector expanded by 1.9%.
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.
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Saudi Arabia’s GDP falls 3.8% in Q3 — Asharq Al-Awsat UA.NEWS
Source: UA.NEWS
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 19 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 63 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 19 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 40 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 61 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 68 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 70 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 73 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
For “Saudi Arabia’s GDP falls 3.8% in Q3 — Asharq Al-Awsat,” 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
For “Saudi Arabia’s GDP falls 3.8% in Q3 — Asharq Al-Awsat,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. 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’s GDP falls 3.8% in Q3 — Asharq Al-Awsat” reaches Ishares Msci Saudi Arabia Etf (KSA)
On 2 Nov 2026, “Saudi Arabia’s GDP falls 3.8% in Q3 — Asharq Al-Awsat” is the story that connects Ishares Msci Saudi Arabia Etf (KSA) to this story.
The link for Ishares Msci Saudi Arabia Etf (KSA) is this: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)
Ishares Tr (EEM) is here too. Its reason reads: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Saudi Arabia, which this story is about
The price range for Ishares Msci Saudi Arabia Etf (KSA), and the dates in the story
EEM traded between 65.24 and 69.22 across 17 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.
A simple score for Ishares Msci Saudi Arabia Etf (KSA)
21 out of 100
“Saudi Arabia’s GDP falls 3.8% in Q3 — Asharq Al-Awsat” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.