Geopolitics Alpha

Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount

Published . Updated .

GEOPOLITICS ALPHAExclusive | Italy’s Eni ExpectsMore Gas Drilling Offshore Europeas Supply Concerns MountGEOPOLITICS ALPHA

This report is about natural gas and oilfield services.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-9.2% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • OIH VanEck Oil Services ETF+0.1% 30d

    VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story.

  • EWI iShares MSCI Italy ETF-7.0% 11d

    iShares MSCI Italy ETF holds stocks listed in Italy, which this story is about (“italy”).

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • SLB Slb N.V-2.0% 30d

    Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.

  • LNG Cheniere Energy+11.0% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • EQT Eqt+3.1% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG+9.66%+3.39%baseafter closeafter closeafter closeafter close
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
OIH-4.42%-6.38%baseafter closeafter closeafter closeafter close
EWI+1.03%-0.72%baseafter closeafter closeafter closeafter close
VGK+0.71%+0.25%baseafter closeafter closeafter closeafter close
SLB-5.86%-6.63%baseafter closeafter closeafter closeafter close
LNG-5.76%-4.55%baseafter closeafter closeafter closeafter close
EQT-0.02%-0.35%baseafter closeafter closeafter closeafter close

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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount WSJ

Source: The Wall Street Journal

United States Natural Gas Fund (UNG) since this story, compared with the market

CompanyWhenMoveStatus
Eqt (EQT)three days earlier-0.35%final price
Eqt (EQT)five days earlier-0.02%final price
Ishares (EWI)three days earlier-0.72%final price
Ishares (EWI)five days earlier+1.03%final price
Cheniere Energy (LNG)three days earlier-4.55%final price
Cheniere Energy (LNG)five days earlier-5.76%final price
Vaneck Vectors Etf (OIH)three days earlier-6.38%final price
Vaneck Vectors Etf (OIH)five days earlier-4.42%final price
Slb (SLB)three days earlier-6.63%final price
Slb (SLB)five days earlier-5.86%final price
United States Natural Gas Fund (UNG)three days earlier+3.39%final price
United States Natural Gas Fund (UNG)five days earlier+9.66%final price
Vanguard Intl Equity Index F (VGK)three days earlier+0.25%final price
Vanguard Intl Equity Index F (VGK)five days earlier+0.71%final price
Select Sector Spdr Tr (XLE)three days earlier-2.96%final price
Select Sector Spdr Tr (XLE)five days earlier-2.42%final price

Trades by members of Congress and officials in the stocks in this story

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).

Who gains and who loses around United States Natural Gas Fund (UNG)

Companies tied to this story

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    In “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

  • OIH Vaneck Vectors Etf

    For “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount,” Vaneck Vectors Etf (OIH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story

  • EWI Ishares

    For “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount,” Ishares (EWI) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Italy ETF holds stocks listed in Italy, which this story is about (“italy”)

  • VGK Vanguard Intl Equity Index F

    In “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”)

  • SLB Slb

    For “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount,” Slb (SLB) is linked, with no stored direction, medium confidence. Reason on file: Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story

  • LNG Cheniere Energy

    For “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

  • EQT Eqt

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount.” Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

United States Natural Gas Fund (UNG)

“Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount” (27 Oct 2026) reaches United States Natural Gas Fund (UNG) through this story.

United States Natural Gas Fund (UNG) is on the page because United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

Dates and price levels for United States Natural Gas Fund (UNG)

OIH traded between 367.58 and 404.27 across 20 sessions. The latest close on file is 402.69. UNG traded between 9.36 and 11.43 across 20 sessions. The latest close on file is 9.57. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.

What the saved facts support for United States Natural Gas Fund (UNG)

46 out of 100

“Exclusive | Italy’s Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.