Brent: Inflation expectations rise on price rebound – Deutsche Bank
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This report is about oil and inflation and prices.
Directly affected
- DB Deutsche Bank Aktiengesellschaft-6.2% 8d
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 “brent” (oil) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “brent” (oil) in this story.
- TIP iShares TIPS Bond ETF+0.7% 17d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- XLF Financial Select Sector SPDR+0.4% 17d
Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “brent” (oil) in this story.
- WMT Walmart+19.7% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- COST Costco Wholesale+18.8% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- CVX Chevron+2.9% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “brent” (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 |
|---|---|---|---|---|---|---|---|
| DB | -2.37% | -1.98% | base | -1.76% | 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 |
| TIP | +0.93% | +0.72% | base | -0.46% | after close | after close | after close |
| XLF | -1.84% | -1.07% | base | -0.72% | after close | after close | after close |
| XOM | -0.81% | -1.14% | base | +1.84% | after close | after close | after close |
| WMT | +1.59% | -0.08% | base | +0.18% | after close | after close | after close |
| COST | -1.92% | -1.90% | base | +0.51% | after close | after close | after close |
| CVX | -0.13% | -1.13% | base | +1.51% | 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.
Brent: Inflation expectations rise on price rebound – Deutsche Bank FXStreet
Source: FXStreet
The price since 12 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Costco Wholesale (COST) | that day | +0.51% | final price |
| Costco Wholesale (COST) | three days earlier | -1.90% | final price |
| Costco Wholesale (COST) | five days earlier | -1.92% | 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 |
| DB | that day | -1.76% | final price |
| DB | three days earlier | -1.98% | final price |
| DB | five days earlier | -2.37% | final price |
| Ishares Tr (TIP) | that day | -0.46% | final price |
| Ishares Tr (TIP) | three days earlier | +0.72% | final price |
| Ishares Tr (TIP) | five days earlier | +0.93% | 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 |
| Walmart (WMT) | that day | +0.18% | final price |
| Walmart (WMT) | three days earlier | -0.08% | final price |
| Walmart (WMT) | five days earlier | +1.59% | 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 |
| Select Sector Spdr Tr (XLF) | that day | -0.72% | final price |
| Select Sector Spdr Tr (XLF) | three days earlier | -1.07% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | -1.84% | 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 |
Congressional trades 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. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 30 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 36 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 41 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 30 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 12 Oct 2026. That is 31 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 36 days before publication. Filed 5 Nov 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.
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 12 Nov 2026 story “Brent: Inflation expectations rise on price rebound – Deutsche Bank.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “brent” (oil) in this story
- XLE Select Sector Spdr Tr
In “Brent: Inflation expectations rise on price rebound – Deutsche Bank,” 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 “brent” (oil) in this story
- TIP Ishares Tr
In “Brent: Inflation expectations rise on price rebound – Deutsche Bank,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- XLF Select Sector Spdr Tr
In “Brent: Inflation expectations rise on price rebound – Deutsche Bank,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
- WMT Walmart
In “Brent: Inflation expectations rise on price rebound – Deutsche Bank,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- XOM ExxonMobil Holdings
In “Brent: Inflation expectations rise on price rebound – Deutsche Bank,” 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 “brent” (oil) in this story
- COST Costco Wholesale
For “Brent: Inflation expectations rise on price rebound – Deutsche Bank,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Brent: Inflation expectations rise on price rebound – Deutsche Bank.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “brent” (oil) in this story
United States Oil Fund (USO)
The 12 Nov 2026 story “Brent: Inflation expectations rise on price rebound – Deutsche Bank” 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 “brent” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “brent” (oil) in this story
The price range for United States Oil Fund (USO), and the dates in the story
TIP traded between 103.77 and 105.61 across 15 sessions. The latest close on file is 105.27. 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
“Brent: Inflation expectations rise on price rebound – Deutsche Bank” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.