ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies
Published . Updated .
Key takeaways
- By Staff WriterArab Finance: Minister of Petroleum and Mineral Resources Karim Badawi met with Girish Saligram, President and CEO of US-based oilfield services company Weatherford International, to explore expanding cooperation on advanced technologies and digital solutions to
- Exposed: USO, XLE, UNG, BWET, AFK
- Market reaction: price tracking starts with the next trading session.
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By Staff WriterArab Finance: Minister of Petroleum and Mineral Resources Karim Badawi met with Girish Saligram, President and CEO of US-based oilfield services company Weatherford International, to explore expanding cooperation on advanced technologies and digital solutions to
Directly affected
- WFRD Weatherford International+10.4% 11d
Named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- UNG United States Natural Gas Fund-16.0% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.
- OIH VanEck Oil Services ETF+2.0% 30d
VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “oilfield services” (oilfield services) in this story.
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”).
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+9.6% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+11.6% 30d
ConocoPhillips (petroleum refining): 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 |
|---|---|---|---|---|---|---|---|
| WFRD | +1.31% | +3.32% | base | after close | after close | after close | after close |
| USO | +5.38% | +6.75% | base | after close | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | after close | after close | after close | after close |
| UNG | +4.28% | -0.44% | base | after close | after close | after close | after close |
| OIH | +6.25% | +6.91% | base | after close | after close | after close | after close |
| AFK | +3.12% | +0.00% | base | after close | after close | after close | after close |
| XOM | +2.57% | +5.49% | base | after close | after close | after close | after close |
| CVX | +1.76% | +4.58% | base | after close | after close | after close | after close |
| COP | +3.21% | +6.66% | base | after close | after close | after close | after 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.
ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies TradingView
Source: TradingView
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (AFK) | three days earlier | 0.00% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | +3.12% | final price |
| COP | three days earlier | +6.66% | final price |
| COP | five days earlier | +3.21% | final price |
| Chevron (CVX) | three days earlier | +4.58% | final price |
| Chevron (CVX) | five days earlier | +1.76% | final price |
| OIH | three days earlier | +6.91% | final price |
| OIH | five days earlier | +6.25% | final price |
| United States Natural Gas Fund (UNG) | three days earlier | -0.44% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | +4.28% | final price |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +5.38% | final price |
| WFRD | three days earlier | +3.32% | final price |
| WFRD | five days earlier | +1.31% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +4.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.64% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +5.49% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +2.57% | 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 21 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 65 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 21 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 42 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 63 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 70 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 72 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 75 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 United States Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
In “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” 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 “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” 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
- UNG United States Natural Gas Fund
United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story
- BWET Amplify Commodity Trust
For “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
- AFK Vaneck Etf Trust
For “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”)
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
In “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- LNG Cheniere Energy
In “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story
United States Oil Fund (USO) and the energy link
United States Oil Fund (USO) is the company in “ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies,” the 4 Nov 2026 Energy story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (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 “oil” (oil) in this story
Price levels for United States Oil Fund (USO)
UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.12. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“ZAWYA: Egypt eyes expanded cooperation with Weatherford on advanced oil, gas technologies” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.