Crude Prices Rally on Heightened Risks to Middle East Oil Supplies
Published . Updated .
November WTI crude oil (CLX26 ) closed up +2.45 (+2.66%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.0074 (-0.22%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rose sharply on Thursday after Iran threatened to expand the war in the Middle East, dimming the...
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with Iran supply risk
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
November WTI crude oil (CLX26 ) closed up +2.45 (+2.66%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.0074 (-0.22%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rose sharply on Thursday after Ir…
Source: Nasdaq Markets
The price since 24 Sep 2026: United States Oil Fund (USO) versus the S&P 500
Since the first closing price after “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies,” United States Oil Fund (USO) is +8.40%. The S&P 500 fund (SPY) is -0.62% over the same days, a +9.02% difference versus the market. energy stocks (XLE) is +9.28%, a -0.88% difference versus that group of stocks.
The Middle East count beside 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 Prices Rally on Heightened Risks to Middle East Oil Supplies.”
Who gains and who pays if Middle East stays in the story
Companies mentioned with this story
- USO United States Oil Fund
In “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies,” 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
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 24 Sep 2026 story “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies.” 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
In “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies,” 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 Prices Rally on Heightened Risks to Middle East Oil Supplies,” 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
For “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies,” United States Gasoline Fund (UGA) 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
- HYG Ishares Tr
Ishares Tr (HYG) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- IEI Ishares Tr
Ishares Tr (IEI) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies.” 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
In “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies,” 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
How energy news reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Crude Prices Rally on Heightened Risks to Middle East Oil Supplies,” the 24 Sep 2026 Middle East story.
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
Price levels for United States Oil Fund (USO)
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.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“Crude Prices Rally on Heightened Risks to Middle East Oil Supplies” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.