BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras
Published . Updated .
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This report is about oil and tanker shipping.
Directly affected
- PBR Petrobras - Petroleo Brasileiro
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+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- EWZ iShares MSCI Brazil ETF-13.8% 30d
iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”).
- 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.
- FRO Frontline+1.6% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
- CVX Chevron+2.9% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| PBR | +5.44% | +2.92% | base | +1.74% | after close | after close | after close |
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | +1.50% | after close | after close | after close |
| BWET | +23.15% | +6.41% | base | +5.26% | after close | after close | after close |
| EWZ | -2.11% | +0.54% | base | -2.00% | after close | after close | after close |
| XOM | -0.81% | -1.14% | base | +1.84% | after close | after close | after close |
| FRO | -2.04% | -2.87% | base | +2.59% | after close | after close | after close |
| CVX | -0.13% | -1.13% | base | +1.51% | after close | after close | after close |
| DHT | -5.10% | -4.59% | base | +3.39% | 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.
BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras Bloomberg.com
Source: Bloomberg
United States Oil Fund (USO) compared with energy stocks (XLE) since 12 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +5.26% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +6.41% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +23.15% | final price |
| Chevron (CVX) | that day | +1.51% | final price |
| Chevron (CVX) | three days earlier | -1.13% | final price |
| Chevron (CVX) | five days earlier | -0.13% | final price |
| DHT | that day | +3.39% | final price |
| DHT | three days earlier | -4.59% | final price |
| DHT | five days earlier | -5.10% | final price |
| Ishares Msci Brazil Etf (EWZ) | that day | -2.00% | final price |
| Ishares Msci Brazil Etf (EWZ) | three days earlier | +0.54% | final price |
| Ishares Msci Brazil Etf (EWZ) | five days earlier | -2.11% | final price |
| FRO | that day | +2.59% | final price |
| FRO | three days earlier | -2.87% | final price |
| FRO | five days earlier | -2.04% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | that day | +1.74% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | three days earlier | +2.92% | final price |
| Petrobras - Petroleo Brasileiro (PBR) | five days earlier | +5.44% | final price |
| United States Oil Fund (USO) | that day | +3.43% | final price |
| United States Oil Fund (USO) | three days earlier | +0.82% | final price |
| United States Oil Fund (USO) | five days earlier | +4.74% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.50% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.21% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.64% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.84% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -1.14% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -0.81% | 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 29 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 73 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 29 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 50 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 71 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 78 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 80 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 83 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 tied to this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
- EWZ Ishares Msci Brazil Etf
For “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras,” Ishares Msci Brazil Etf (EWZ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”)
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- PBR Petrobras - Petroleo Brasileiro
Petrobras - Petroleo Brasileiro (PBR) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras.” Reason on file: Petróleo Brasileiro S.A. - Petrobras (crude petroleum and natural gas, with business in Brazil): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras,” 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
- COP Conocophillips
For “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
How energy news reaches United States Oil Fund (USO)
The 12 Nov 2026 story “BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras” names United States Oil Fund (USO) because of 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
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
What this energy story puts on the calendar
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. 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
“BP in Talks to Sell Stake in Brazil Oil Discovery to Petrobras” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.