Crude Oil Nears Potential Reversal as Momentum Fades Amid Iran Diplomacy
Published . Updated .
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This report is about oil and tanker shipping. Names like XOM and OXY 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-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+7.4% 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.
- 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.
- OXY Occidental Petroleum+11.8% 17d
Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+4.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+0.0% 6d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- FRO Frontline+0.8% 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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -1.54% | -1.29% | base | -7.16% | -6.32% | -13.84% | -12.25% |
| XLE | -0.51% | -2.20% | base | -3.91% | -4.71% | -9.28% | -11.35% |
| BWET | -4.39% | -3.93% | base | -2.78% | -10.37% | -24.41% | -28.03% |
| XOM | -1.45% | -2.77% | base | -4.00% | -5.21% | -9.49% | -11.72% |
| OXY | +0.13% | -1.75% | base | -5.12% | -5.56% | -10.41% | -11.92% |
| CVX | -1.54% | -2.69% | base | -3.20% | -4.38% | -7.92% | -8.59% |
| SHEL | -1.66% | -3.31% | base | -3.46% | -4.13% | -6.32% | -7.91% |
| FRO | -2.94% | -2.39% | base | -8.29% | -7.80% | -15.49% | -20.52% |
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 Nears Potential Reversal as Momentum Fades Amid Iran Diplomacy Barchart.com
Source: Barchart.com
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -2.78% | final price |
| BWET | the next day | -10.37% | final price |
| BWET | two days later | -24.41% | final price |
| BWET | three days later | -28.03% | final price |
| BWET | three days earlier | -3.93% | final price |
| BWET | five days earlier | -4.39% | final price |
| CVX | that day | -3.20% | final price |
| CVX | the next day | -4.38% | final price |
| CVX | two days later | -7.92% | final price |
| CVX | three days later | -8.59% | final price |
| CVX | three days earlier | -2.69% | final price |
| CVX | five days earlier | -1.54% | final price |
| FRO | that day | -8.29% | final price |
| FRO | the next day | -7.80% | final price |
| FRO | two days later | -15.49% | final price |
| FRO | three days later | -20.52% | final price |
| FRO | three days earlier | -2.39% | final price |
| FRO | five days earlier | -2.94% | final price |
| OXY | that day | -5.12% | final price |
| OXY | the next day | -5.56% | final price |
| OXY | two days later | -10.41% | final price |
| OXY | three days later | -11.92% | final price |
| OXY | three days earlier | -1.75% | final price |
| OXY | five days earlier | +0.13% | final price |
| SHEL | that day | -3.46% | final price |
| SHEL | the next day | -4.13% | final price |
| SHEL | two days later | -6.32% | final price |
| SHEL | three days later | -7.91% | final price |
| SHEL | three days earlier | -3.31% | final price |
| SHEL | five days earlier | -1.66% | final price |
| USO | that day | -7.16% | final price |
| USO | the next day | -6.32% | final price |
| USO | two days later | -13.84% | final price |
| USO | three days later | -12.25% | final price |
| USO | three days earlier | -1.29% | final price |
| USO | five days earlier | -1.54% | final price |
| XLE | that day | -3.91% | final price |
| XLE | the next day | -4.71% | final price |
| XLE | two days later | -9.28% | final price |
| XLE | three days later | -11.35% | final price |
| XLE | three days earlier | -2.20% | final price |
| XLE | five days earlier | -0.51% | final price |
| XOM | that day | -4.00% | final price |
| XOM | the next day | -5.21% | final price |
| XOM | two days later | -9.49% | final price |
| XOM | three days later | -11.72% | final price |
| XOM | three days earlier | -2.77% | final price |
| XOM | five days earlier | -1.45% | 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 19 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 63 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 19 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 40 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 61 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).
How solid the energy case looks
12 out of 100
“Crude Oil Nears Potential Reversal as Momentum Fades Amid Iran Diplomacy” scores 12 out of 100. The score uses 1 sources.