Bank of Canada hikes forecast for 2027 inflation, cites energy costs
Published . Updated .
This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- XLE Energy Select Sector SPDR+6.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+54.8% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy costs” (tanker shipping) in this story.
- EWC iShares MSCI Canada ETF+2.0% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada
- EFA iShares MSCI EAFE ETF-2.2% 11d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada
- XOM ExxonMobil Holdings+9.0% 13d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy costs” (oil) in this story.
- CVX Chevron+7.9% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy costs” (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 |
|---|---|---|---|---|---|---|---|
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| EWCNo price data for this ticker | — | — | — | — | — | — | — |
| BWXNo price data for this ticker | — | — | — | — | — | — | — |
| EFANo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -1.00% | +1.85% | base | +1.07% | after close | after close | after close |
| CVX | -0.66% | +2.17% | base | +0.64% | 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.
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Bank of Canada hikes forecast for 2027 inflation, cites energy costs TradingView
Source: TradingView
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Chevron (CVX) | that day | +0.64% | still updating |
| Chevron (CVX) | three days earlier | +2.17% | final price |
| Chevron (CVX) | five days earlier | -0.66% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.07% | still updating |
| 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
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 49 days before publication. Filed 21 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 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 35 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 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 63 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 mentioned with this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada hikes forecast for 2027 inflation, cites energy costs.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “energy costs” (oil) in this story
- XLE Select Sector Spdr Tr
In “Bank of Canada hikes forecast for 2027 inflation, cites energy costs,” 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 “energy costs” (oil) in this story
- BWET Amplify Commodity Trust
In “Bank of Canada hikes forecast for 2027 inflation, cites energy costs,” 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 “energy costs” (tanker shipping) in this story
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada hikes forecast for 2027 inflation, cites energy costs.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)
- BWX Spdr Series Trust
For “Bank of Canada hikes forecast for 2027 inflation, cites energy costs,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada
- EFA Ishares Tr
Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Bank of Canada hikes forecast for 2027 inflation, cites energy costs.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada
- XOM ExxonMobil Holdings
In “Bank of Canada hikes forecast for 2027 inflation, cites energy costs,” 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 “energy costs” (oil) in this story
- CVX Chevron
In “Bank of Canada hikes forecast for 2027 inflation, cites energy costs,” 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 “energy costs” (oil) in this story
United States Oil Fund (USO)
The 28 Oct 2026 story “Bank of Canada hikes forecast for 2027 inflation, cites energy costs” names United States Oil Fund (USO) because of this story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “energy costs” (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 “energy costs” (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 16 sessions. The latest close on file is 894.54. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23.
How strong the case is around United States Oil Fund (USO)
46 out of 100Price not final
“Bank of Canada hikes forecast for 2027 inflation, cites energy costs” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.