Geopolitics Alpha

Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference

Published . Updated .

ENERGYExxon, Chevron Cancel Plans toAttend Abu Dhabi Oil ConferenceXOMCVXGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • XOM ExxonMobil Holdings+10.3% 14d

    Named in this report.

  • CVX Chevron+8.4% 30d

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+7.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.2% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+40.2% 19d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • UAE iShares MSCI UAE ETF

    iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“abu dhabi”).

  • FRO Frontline+2.8% 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.

  • DHT DHT Holdings

    DHT Holdings (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.

  • INSW International Seaways+1.5% 9d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • COP ConocoPhillips+8.0% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM-2.14%+1.35%base+0.18%after closeafter closeafter close
CVX-1.18%+1.19%base+0.93%after closeafter closeafter close
USO-2.52%-0.26%base+0.32%after closeafter closeafter close
XLE-1.29%+1.72%base+0.37%after closeafter closeafter close
BWET-0.47%-0.47%base+4.09%after closeafter closeafter close
UAE-1.05%-1.57%base-1.62%after closeafter closeafter close
FRONo price data for this ticker———————
DHTNo price data for this ticker———————
INSWNo price data for this ticker———————
COP-2.27%+1.58%base+0.21%after 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.

Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference Bloomberg.com

Source: Bloomberg

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day+4.09%final price
Amplify Commodity Trust (BWET)three days earlier-0.47%final price
Amplify Commodity Trust (BWET)five days earlier-0.47%final price
Conocophillips (COP)that day+0.21%final price
Conocophillips (COP)three days earlier+1.58%final price
Conocophillips (COP)five days earlier-2.27%final price
Chevron (CVX)that day+0.93%final price
Chevron (CVX)three days earlier+1.19%final price
Chevron (CVX)five days earlier-1.18%final price
Ishares Tr (UAE)that day-1.62%final price
Ishares Tr (UAE)three days earlier-1.57%final price
Ishares Tr (UAE)five days earlier-1.05%final price
United States Oil Fund (USO)that day+0.32%final price
United States Oil Fund (USO)three days earlier-0.26%final price
United States Oil Fund (USO)five days earlier-2.52%final price
Select Sector Spdr Tr (XLE)that day+0.37%final price
Select Sector Spdr Tr (XLE)three days earlier+1.72%final price
Select Sector Spdr Tr (XLE)five days earlier-1.29%final price
ExxonMobil Holdings (XOM)that day+0.18%final price
ExxonMobil Holdings (XOM)three days earlier+1.35%final price
ExxonMobil Holdings (XOM)five days earlier-2.14%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).

United States Oil Fund (USO) on one side of this energy story

Companies tied to this story

  • USO United States Oil Fund

    In “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • UAE Ishares Tr

    Ishares Tr (UAE) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference.” Reason on file: iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“abu dhabi”)

  • CVX Chevron

    In “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    In “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    In “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    For “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

United States Oil Fund (USO) is the company in “Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference,” the 29 Oct 2026 Energy story.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

What this energy story puts on the calendar

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Exxon, Chevron Cancel Plans to Attend Abu Dhabi Oil Conference” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.