Geopolitics Alpha

Saudi Oil Exports Booming Despite Attacks

Published . Updated .

ENERGYSaudi Oil Exports Booming DespiteAttacksGEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+7.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.2% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-7.3% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings+10.3% 14d

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

  • CVX Chevron+8.4% 30d

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

  • COP ConocoPhillips+7.7% 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

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.37%+3.62%base+1.87%+2.20%after closeafter close
XLE-0.12%+1.60%base+0.34%+0.71%after closeafter close
BWETNo price data for this ticker———————
KSANo price data for this ticker———————
XOM-1.00%+1.85%base+1.22%+1.40%after closeafter close
CVX-0.66%+2.17%base+0.45%+1.38%after closeafter close
COP-1.53%+1.93%base+0.91%+0.96%after closeafter close
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 Oil Exports Booming Despite Attacks Rigzone

Source: Rigzone

How far United States Oil Fund (USO) has moved since 28 Oct 2026

CompanyWhenMoveStatus
Conocophillips (COP)that day+0.91%final price
Conocophillips (COP)the next day+0.96%final price
Conocophillips (COP)three days earlier+1.93%final price
Conocophillips (COP)five days earlier-1.53%final price
Chevron (CVX)that day+0.45%final price
Chevron (CVX)the next day+1.38%final price
Chevron (CVX)three days earlier+2.17%final price
Chevron (CVX)five days earlier-0.66%final price
United States Oil Fund (USO)that day+1.87%final price
United States Oil Fund (USO)the next day+2.20%final price
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)that day+0.34%final price
Select Sector Spdr Tr (XLE)the next day+0.71%final price
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)that day+1.22%final price
ExxonMobil Holdings (XOM)the next day+1.40%final price
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%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).

Companies in energy around United States Oil Fund (USO)

The side that tends to collect

  • XOM ExxonMobil Holdings

    In “Saudi Oil Exports Booming Despite Attacks,” 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 “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    For “Saudi Oil Exports Booming 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 “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    For “Saudi Oil Exports Booming 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 “oil” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Saudi Oil Exports Booming Despite Attacks.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • KSA Ishares Msci Saudi Arabia Etf

    For “Saudi Oil Exports Booming Despite Attacks,” 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”)

How energy news reaches United States Oil Fund (USO)

“Saudi Oil Exports Booming Despite Attacks” (28 Oct 2026) reaches United States Oil Fund (USO) through Energy.

The link for United States Oil Fund (USO) is this: 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

Dates in the story, and the United States Oil Fund (USO) price range

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 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.

A simple score for United States Oil Fund (USO)

46 out of 100

“Saudi Oil Exports Booming Despite Attacks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.