Crude oil futures record largest single-day drop in nearly three months; Hong Kong-listed oil and shipping stocks weaken collectively.
Published . Updated .
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This report is about oil and container shipping. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
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 “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 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 shipping freight. Linked by “shipping” (container shipping) in this story.
- EWH iShares MSCI Hong Kong ETF-4.5% 30d
iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”).
- 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+4.2% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+6.2% 19d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas): 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 |
|---|---|---|---|---|---|---|---|
| USO | +4.37% | +7.30% | base | +0.90% | -7.20% | -5.48% | -4.86% |
| XLE | +1.44% | +2.16% | base | -0.83% | -5.58% | -7.74% | -8.36% |
| BWET | -1.54% | +2.86% | base | -7.81% | -22.25% | -25.97% | — |
| EWH | -1.86% | -2.31% | base | -0.40% | +3.88% | +2.95% | +3.48% |
| XOM | +0.06% | +1.89% | base | -1.26% | -5.72% | -8.04% | -7.56% |
| CVX | +0.19% | +1.58% | base | -1.10% | -4.77% | -5.46% | -6.49% |
| COP | +0.74% | +2.12% | base | -1.67% | -6.77% | -7.74% | -7.18% |
| SHEL | -0.17% | +2.59% | base | -0.70% | -2.97% | -4.61% | -5.49% |
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.
Crude oil futures record largest single-day drop in nearly three months; Hong Kong-listed oil and shipping stocks weaken collectively. Moomoo
Source: Moomoo
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -7.81% | final price |
| BWET | the next day | -22.25% | final price |
| BWET | two days later | -25.97% | final price |
| BWET | three days earlier | +2.86% | final price |
| BWET | five days earlier | -1.54% | final price |
| COP | that day | -1.67% | final price |
| COP | the next day | -6.77% | final price |
| COP | two days later | -7.74% | final price |
| COP | three days later | -7.18% | final price |
| COP | three days earlier | +2.12% | final price |
| COP | five days earlier | +0.74% | final price |
| CVX | that day | -1.10% | final price |
| CVX | the next day | -4.77% | final price |
| CVX | two days later | -5.46% | final price |
| CVX | three days later | -6.49% | final price |
| CVX | three days earlier | +1.58% | final price |
| CVX | five days earlier | +0.19% | final price |
| EWH | that day | -0.40% | final price |
| EWH | the next day | +3.88% | final price |
| EWH | two days later | +2.95% | final price |
| EWH | three days later | +3.48% | final price |
| EWH | three days earlier | -2.31% | final price |
| EWH | five days earlier | -1.86% | final price |
| SHEL | that day | -0.70% | final price |
| SHEL | the next day | -2.97% | final price |
| SHEL | two days later | -4.61% | final price |
| SHEL | three days later | -5.49% | final price |
| SHEL | three days earlier | +2.59% | final price |
| SHEL | five days earlier | -0.17% | final price |
| USO | that day | +0.90% | final price |
| USO | the next day | -7.20% | final price |
| USO | two days later | -5.48% | final price |
| USO | three days later | -4.86% | final price |
| USO | three days earlier | +7.30% | final price |
| USO | five days earlier | +4.37% | final price |
| XLE | that day | -0.83% | final price |
| XLE | the next day | -5.58% | final price |
| XLE | two days later | -7.74% | final price |
| XLE | three days later | -8.36% | final price |
| XLE | three days earlier | +2.16% | final price |
| XLE | five days earlier | +1.44% | final price |
| XOM | that day | -1.26% | final price |
| XOM | the next day | -5.72% | final price |
| XOM | two days later | -8.04% | final price |
| XOM | three days later | -7.56% | final price |
| XOM | three days earlier | +1.89% | final price |
| XOM | five days earlier | +0.06% | 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 20 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 64 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 20 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 41 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 62 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 69 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 71 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 74 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).
How solid the energy case looks
12 out of 100
“Crude oil futures record largest single-day drop in nearly three months; Hong Kong-listed oil and shipping stocks weaken collectively.” scores 12 out of 100. The score uses 1 sources.