Geopolitics Alpha

Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries

Published . Updated .

Key takeaways

  • Saudi Arabia’s state-owned oil company posted a 9 percent increase in third-quarter profit on Tuesday.
  • Exposed: USO, XLE, AMLP, CRAK, KSA
  • Market reaction: price tracking starts with the next trading session.

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ENERGYSaudi Aramco Profit Jumps DespiteDamaging Attacks on Pipelines andRefineriesGEOPOLITICS ALPHA

Saudi Arabia’s state-owned oil company posted a 9 percent increase in third-quarter profit on Tuesday.

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.

  • AMLP Alerian MLP ETF-1.7% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) 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”).

  • 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.

  • CVX Chevron+12.5% 30d

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

  • COP ConocoPhillips+4.8% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) 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
AMLPNo price data for this ticker———————
CRAK+1.98%+0.61%baseafter closeafter closeafter closeafter close
KSA+1.02%+0.47%baseafter closeafter closeafter closeafter close
XOM+0.06%+1.89%baseafter closeafter closeafter closeafter close
CVX+0.19%+1.58%baseafter closeafter closeafter closeafter close
COP+0.74%+2.12%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.

Saudi Arabia’s state-owned oil company posted a 9 percent increase in third-quarter profit on Tuesday.

Source: The New York Times

United States Oil Fund (USO) compared with energy stocks (XLE) since 3 Nov 2026

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier+2.12%final price
Conocophillips (COP)five days earlier+0.74%final price
Vaneck Etf Trust (CRAK)three days earlier+0.61%final price
Vaneck Etf Trust (CRAK)five days earlier+1.98%final price
Chevron (CVX)three days earlier+1.58%final price
Chevron (CVX)five days earlier+0.19%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 that tend to gain

  • XOM ExxonMobil Holdings

    In “Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries,” ExxonMobil Holdings (XOM) tends to benefit, 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

No up or down call on file

  • USO United States Oil Fund

    In “Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries,” 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 “Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries,” 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

  • AMLP Alps Etf Tr

    Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries.” Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

  • CRAK Vaneck Etf Trust

    For “Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

How energy news reaches United States Oil Fund (USO)

The 3 Nov 2026 story “Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries” names United States Oil Fund (USO) because of Energy.

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

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story

What this energy story puts on the calendar

AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. 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.

The energy score for United States Oil Fund (USO)

46 out of 100

“Saudi Aramco Profit Jumps Despite Damaging Attacks on Pipelines and Refineries” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.