Geopolitics Alpha

Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, BWET, EWC, BWX
  • Market reaction: USO +0.7% on the day; XLE −0.1% on the day; EFA −0.8% on the day

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GEOPOLITICS ALPHACanada Inflation Edges Down to2.3% as Gasoline Prices FallGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-0.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “gasoline” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “gasoline” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “gasoline” (tanker shipping) in this story.

  • EWC iShares MSCI Canada ETF+0.9% 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-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gasoline” (oil) in this story.

  • CVX Chevron+4.2% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gasoline” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+13.96%+6.75%base+0.65%after closeafter closeafter close
XLE+13.47%+8.12%base-0.08%after closeafter closeafter close
BWET+38.94%+24.54%base—after closeafter closeafter close
EWC+0.74%+0.06%base-0.35%after closeafter closeafter close
BWX-0.42%-0.91%base-0.42%after closeafter closeafter close
EFA+0.66%+0.40%base-0.79%after closeafter closeafter close
XOM+13.27%+7.37%base+0.52%after closeafter closeafter close
CVX+10.62%+5.78%base+0.02%after closeafter closeafter 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.

Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall EnergyNow

Source: EnergyNow

How far United States Oil Fund (USO) has moved since 6 Nov 2026

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+24.54%final price
Amplify Commodity Trust (BWET)five days earlier+38.94%final price
Spdr Series Trust (BWX)that day-0.42%final price
Spdr Series Trust (BWX)three days earlier-0.91%final price
Spdr Series Trust (BWX)five days earlier-0.42%final price
Chevron (CVX)that day+0.02%final price
Chevron (CVX)three days earlier+5.78%final price
Chevron (CVX)five days earlier+10.62%final price
Ishares Tr (EFA)that day-0.79%final price
Ishares Tr (EFA)three days earlier+0.40%final price
Ishares Tr (EFA)five days earlier+0.66%final price
Ishares Msci Canada Etf (EWC)that day-0.35%final price
Ishares Msci Canada Etf (EWC)three days earlier+0.06%final price
Ishares Msci Canada Etf (EWC)five days earlier+0.74%final price
United States Oil Fund (USO)that day+0.65%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+13.96%final price
Select Sector Spdr Tr (XLE)that day-0.08%final price
Select Sector Spdr Tr (XLE)three days earlier+8.12%final price
Select Sector Spdr Tr (XLE)five days earlier+13.47%final price
ExxonMobil Holdings (XOM)that day+0.52%final price
ExxonMobil Holdings (XOM)three days earlier+7.37%final price
ExxonMobil Holdings (XOM)five days earlier+13.27%final price

Congressional trades in the stocks in this story

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 is named in “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall”

Companies mentioned with this story

  • USO United States Oil Fund

    For “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “gasoline” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall,” 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 “gasoline” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “gasoline” (tanker shipping) in this story

  • EWC Ishares Msci Canada Etf

    In “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

  • BWX Spdr Series Trust

    In “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall,” 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 6 Nov 2026 story “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada

  • XOM ExxonMobil Holdings

    In “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall,” 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 “gasoline” (oil) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gasoline” (oil) in this story

How “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall” reaches United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall,” the 6 Nov 2026 this story story.

What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “gasoline” (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 “gasoline” (oil) in this story

Dates and price levels for United States Oil Fund (USO)

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 148.22. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How solid “Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall” looks

46 out of 100

“Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.