Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September
Published . Updated .
Saudi Arabia’s crude output rose 12.2% in September to 8 million bpd as ship-to-ship transfers and Red Sea exports offset the Hormuz disruption.
Directly affected
- No company is named in this report.
Indirectly affected
- BNO United States Brent Oil Fund+14.2% 30d
Tracks Brent when Gulf supply is at risk. Linked by “hormuz” in this story
- BWET Breakwave Tanker Shipping ETF+64.8% 18d
Tanker freight rates jump when Gulf transit is at risk. Linked by “hormuz” in this story
- USO United States Oil Fund+8.2% 30d
Tracks U.S. crude prices when Gulf supply is at risk. Linked by “hormuz” in this story
- XLE Energy Select Sector SPDR+7.4% 30d
Energy companies move with a Gulf supply scare. Linked by “hormuz” in this story
- FRO Frontline+4.7% 30d
Tanker operators earn more when freight rates spike. Linked by “hormuz” in this story
- ZIM ZIM Integrated Shipping-1.2% 30d
Container lines are exposed when a shipping lane is disrupted. Linked by “red sea” in this story
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BNONo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -5.13% | -5.78% | base | after close | after close | after close | after close |
| XLE | -2.19% | -1.69% | base | after close | after close | after close | after close |
| FRONo price data for this ticker | — | — | — | — | — | — | — |
| ZIMNo 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 Oil Output Jumps 12.2% to 8 Million Bpd in September Crude Oil Prices Today | OilPrice.com
How United States Oil Fund (USO) moved across the last 11 energy stories
United States Oil Fund (USO) the next day, across 11 earlier stories: average +0.17%, largest gain +2.25%, largest drop -0.66%, from 7 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +0.17% | +2.25% | -0.66% | 7 |
| United States Oil Fund (USO) | three days later | +0.77% | +1.55% | +0.46% | 7 |
| Select Sector Spdr Tr (XLE) | the next day | +0.01% | +1.88% | -0.41% | 11 |
| Select Sector Spdr Tr (XLE) | three days later | -0.35% | +2.40% | -0.96% | 11 |
- Asian countries should consider sanctions on the Houthis
- EU Sanctions Could Bar $29M Yemen Award Due To Houthis
- Saudi Arabia intercepts Houthi missiles as two pilots die in helicopter crash
- Tanker explosion reported in Strait of Hormuz as Saudi-Houthi clashes continue
- Tanker explodes in Strait of Hormuz as Saudi-Houthi clashes continue
- Houthi strikes on Saudi Arabia show the Yemeni rebels' growing strength
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| United States Oil Fund (USO) | three days earlier | -5.78% | final price |
| United States Oil Fund (USO) | five days earlier | -5.13% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -1.69% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.19% | final price |
Red Sea, seven days against thirty
Geopolitics Alpha has 81 stories about Red Sea from the past 7 days and 162 stories from the past 30. That is faster than its usual pace over the past month. “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September” is tagged to Red Sea.
Who gains and who loses around United States Oil Fund (USO)
Companies that tend to gain
- USO United States Oil Fund
United States Oil Fund (USO) tends to benefit, medium confidence in the 26 Oct 2026 story “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September.” Reason on file: This fund moves with oil prices. Linked by “oil + output” in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) tends to benefit, medium confidence in the 26 Oct 2026 story “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September.” Reason on file: A fund of energy companies. Linked by “oil + output” in this story
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
For “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) tends to benefit, medium confidence. Reason on file: A fund of oil and gas producers. Linked by “oil + output” in this story
No up or down call on file
- BNO United States Brent Oil Fund
In “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September,” United States Brent Oil Fund (BNO) is linked, with no stored direction, medium confidence. Reason on file: Tracks Brent, the global crude benchmark. Linked by “oil + output” in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September.” Reason on file: Tanker freight rates move when crude trade flows shift. Linked by “oil + output” in this story
What Red Sea means for United States Oil Fund (USO)
On 26 Oct 2026, “Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September” is the story that connects United States Oil Fund (USO) to Red Sea.
For United States Oil Fund (USO), the reason on file says This fund moves with oil prices. Linked by “oil + output” in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: A fund of energy companies. Linked by “oil + output” in this story
Dates and price levels for United States Oil Fund (USO)
BNO traded between 58.70 and 71.28 across 20 sessions. The latest close on file is 70.98. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.
How strong the case is around United States Oil Fund (USO)
40 out of 100
“Saudi Oil Output Jumps 12.2% to 8 Million Bpd in September” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.