As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit
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Egypt has enlisted US oilfield giant Halliburton to prepare an 18-month, 50-well programme targeting oil and gas formations conventional drilling could not exploit
Directly affected
- HAL Halliburton+2.9% 30d
Named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+7.4% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- OIH VanEck Oil Services ETF+5.0% 30d
VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (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-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+4.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+8.3% 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 |
|---|---|---|---|---|---|---|---|
| HAL | -5.61% | -2.53% | base | after close | after close | after close | after close |
| USO | -2.03% | -2.82% | base | after close | after close | after close | after close |
| XLE | -4.57% | -2.42% | base | after close | after close | after close | after close |
| UNG | -0.59% | +0.69% | base | after close | after close | after close | after close |
| OIH | -4.02% | -1.61% | base | after close | after close | after close | after close |
| AFK | +3.26% | +3.57% | base | after close | after close | after close | after close |
| XOM | -3.42% | -2.31% | base | after close | after close | after close | after close |
| CVX | -4.09% | -2.99% | base | after close | after close | after close | after close |
| COP | -5.48% | -3.22% | 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.
As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit Business Insider Africa
Source: Business Insider Africa
How far United States Oil Fund (USO) has moved since 14 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (AFK) | three days earlier | +3.57% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | +3.26% | final price |
| COP | three days earlier | -3.22% | final price |
| COP | five days earlier | -5.48% | final price |
| Chevron (CVX) | three days earlier | -2.99% | final price |
| Chevron (CVX) | five days earlier | -4.09% | final price |
| HAL | three days earlier | -2.53% | final price |
| HAL | five days earlier | -5.61% | final price |
| OIH | three days earlier | -1.61% | final price |
| OIH | five days earlier | -4.02% | final price |
| United States Natural Gas Fund (UNG) | three days earlier | +0.69% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -0.59% | final price |
| United States Oil Fund (USO) | three days earlier | -2.82% | final price |
| United States Oil Fund (USO) | five days earlier | -2.03% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.42% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -4.57% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.31% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -3.42% | 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 31 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 75 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 31 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 52 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 73 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 80 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 82 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 85 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
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 14 Nov 2026 story “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit.” 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 “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit,” 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
In “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 14 Nov 2026 story “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
- AFK Vaneck Etf Trust
Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence in the 14 Nov 2026 story “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit.” Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”)
- XOM ExxonMobil Holdings
For “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit,” ExxonMobil Holdings (XOM) is linked, with no stored direction, 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
- CVX Chevron
In “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit,” 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
For “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit,” 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 “lng” (natural gas) in this story
United States Oil Fund (USO) and the energy link
On 14 Nov 2026, “As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit” is the story that connects United States Oil Fund (USO) to Energy.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: 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 9.34. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for United States Oil Fund (USO)
46 out of 100
“As expensive LNG imports strain Egypt, Cairo turns to US oilfield giant Halliburton to prepare 50-well, 18-month push for oil and gas conventional methods could not exploit” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.