Diplomatic Hopes in the Middle East Knock Crude Prices Lower
Published . Updated .
October WTI crude oil (CLV26 ) closed down -1.19 (-1.24%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0176 (+0.51%). Crude oil and gasoline prices settled mixed on Tuesday, with crude falling to a 3-week low. Tuesday’s rally in the dollar index ($DXY ) to a 7-week high...
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 -1.19 (-1.24%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0176 (+0.51%). Crude oil and gasoline prices settled mixed on Tuesday, with crude falling to a 3-week low. Tuesday’s rall…
Source: Nasdaq Markets
United States Oil Fund (USO) since this story, compared with the market
Since the first closing price after “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” United States Oil Fund (USO) is +8.05%. The S&P 500 fund (SPY) is -0.17% over the same days, a +8.22% difference versus the market. energy stocks (XLE) is +8.69%, a -0.64% 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 “Diplomatic Hopes in the Middle East Knock Crude Prices Lower.”
Who collects and who pays in energy
Companies mentioned with this story
- USO United States Oil Fund
For “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” 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
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
For “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” 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
- BNO United States Brent Oil Fund
For “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” 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 “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” 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
- UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 22 Sep 2026 story “Diplomatic Hopes in the Middle East Knock Crude Prices Lower.” 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 “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” 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 22 Sep 2026 story “Diplomatic Hopes in the Middle East Knock Crude Prices Lower.” 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 “Diplomatic Hopes in the Middle East Knock Crude Prices Lower,” 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
What Middle East means for United States Oil Fund (USO)
“Diplomatic Hopes in the Middle East Knock Crude Prices Lower” (22 Sep 2026) reaches United States Oil Fund (USO) through Middle East.
The link for United States Oil Fund (USO) is this: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is here too. Its reason reads: 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.
A simple score for United States Oil Fund (USO)
46 out of 100
“Diplomatic Hopes in the Middle East Knock Crude Prices Lower” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.