The Tadawul is the Middle East's largest stock exchange and home to Saudi Aramco — the world's most valuable oil company. Saudi commodity stocks track Brent crude and petrochemical cycles with extreme directness.
| # | Company | Signal | Cycle return |
|---|---|---|---|
| 1 | Ma'aden1211.SR | Phosphate + Gold |
| # | Stock | Signal | Cycle return | Duration | Period |
|---|---|---|---|---|---|
| 1 | Saudi Aramco2222.SR | Brent Crude | 33 mnd | 2020-10 → 2023-07 | |
| 2 | Ma'aden1211.SR | LME Copper / Gold | 24 mnd | 2020-10 → 2022-10 | |
| 3 | SABIC2010.SR | Petrochemicals | 22 mnd | 2020-03 → 2022-01 | |
| 4 | Saudi Aramco Base Oil2030.SR | Brent Crude | 27 mnd | 2020-03 → 2022-06 | |
| 5 | Petrochem2002.SR | Petrochemicals / PMI | 20 mnd | 2020-03 → 2021-11 | |
| 6 | SAFCO2020.SR | Urea / Nitrogen | 18 mnd | 2020-03 → 2021-09 | |
| 7 | Saudi Kayan2350.SR | Brent Crude | 22 mnd | 2020-03 → 2022-01 |