Crude Oil Prices Sharply Lower as Middle East Disruptions Ease
Published . Updated .
October WTI crude oil (CLV26 ) closed down -3.40 (-3.21%) on Wednesday, and October RBOB gasoline (RBV26 ) closed up +0.0198 (+0.57%). Crude oil and gasoline prices settled mixed on Wednesday, with gasoline climbing to a 3-week nearest-futures high. Crude prices fell sharply on Wednesday as signs emerged that more...
Directly affected
- No company is named in this report.
Indirectly affected
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- VLO Valero
Refiners' profits move with crude and fuel prices
- MPC Marathon Petroleum
Refiners' profits move with crude and fuel prices
- XOP SPDR S&P Oil & Gas Exploration
A fund of oil and gas producers
- XLE Energy Select Sector SPDR
A fund of energy companies
- USO United States Oil Fund
This fund moves with oil prices
- OIH VanEck Oil Services
Oilfield services rise when drilling follows oil prices
Price reaction, T-5 to T+3
October WTI crude oil (CLV26 ) closed down -3.40 (-3.21%) on Wednesday, and October RBOB gasoline (RBV26 ) closed up +0.0198 (+0.57%). Crude oil and gasoline prices settled mixed on Wednesday, with gasoline climbing to a 3-week nearest-fut…
Source: Nasdaq Markets
How far United States Oil Fund (USO) has moved since 16 Sep 2026
Since the first closing price after “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” United States Oil Fund (USO) is +3.52%. The S&P 500 fund (SPY) is +0.52% over the same days, a +3.00% difference versus the market. energy stocks (XLE) is +5.18%, a -1.66% difference versus that group of stocks.
Middle East on the map for this story
Middle East has 0 linked stories in the last 7 days and 0 in the last 30 on the page that also carries “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease.”
Companies in energy around United States Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
In “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- BNO United States Brent Oil Fund
In “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
For “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- GSG iShares S&P GSCI Commodity-Indexed Trust
For “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- DBA Invesco Db Agriculture Fund
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- MOO Vaneck Etf Trust
In “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
From Middle East to United States Oil Fund (USO)
On 16 Sep 2026, “Crude Oil Prices Sharply Lower as Middle East Disruptions Ease” is the story that connects United States Oil Fund (USO) to Middle East.
For United States Oil Fund (USO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
A second company, United States Brent Oil Fund (BNO), is listed for a different reason: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Dates in the story, and the United States Oil Fund (USO) price range
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
A simple score for United States Oil Fund (USO)
46 out of 100
“Crude Oil Prices Sharply Lower as Middle East Disruptions Ease” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.