Geopolitics Alpha

Exxon, Chevron paint bullish pictures of the oil business

Published . Updated .

ENERGYExxon, Chevron paint bullishpictures of the oil businessXOMCVXGEOPOLITICS ALPHA

This report is about oil.

Directly affected

  • XOM ExxonMobil Holdings+13.4% 16d

    Named in this report.

  • CVX Chevron+15.7% 30d

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+13.9% 30d

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

  • XLE Energy Select Sector SPDR+12.1% 30d

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

  • COP ConocoPhillips+8.3% 30d

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

  • SHEL Shell+0.1% 13d

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

  • OXY Occidental Petroleum+1.5% 30d

    Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • BP BP p.l.c+5.4% 15d

    BP p.l.c (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-1.45%-2.77%baseafter closeafter closeafter closeafter close
CVX-1.54%-2.69%baseafter closeafter closeafter closeafter close
USO-1.54%-1.29%baseafter closeafter closeafter closeafter close
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
COP-1.71%-3.24%baseafter closeafter closeafter closeafter close
SHELNo price data for this ticker———————
OXY+0.13%-1.75%baseafter closeafter closeafter closeafter close
BPNo price data for this ticker———————

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.

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Exxon, Chevron paint bullish pictures of the oil business TheStreet

Source: TheStreet

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier-3.24%final price
Conocophillips (COP)five days earlier-1.71%final price
Chevron (CVX)three days earlier-2.69%final price
Chevron (CVX)five days earlier-1.54%final price
OXYthree days earlier-1.75%final price
OXYfive days earlier+0.13%final price
United States Oil Fund (USO)three days earlier-1.29%final price
United States Oil Fund (USO)five days earlier-1.54%final price
Select Sector Spdr Tr (XLE)three days earlier-2.20%final price
Select Sector Spdr Tr (XLE)five days earlier-0.51%final price
ExxonMobil Holdings (XOM)three days earlier-2.77%final price
ExxonMobil Holdings (XOM)five days earlier-1.45%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 mentioned with this story

  • USO United States Oil Fund

    For “Exxon, Chevron paint bullish pictures of the oil business,” 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

    For “Exxon, Chevron paint bullish pictures of the oil business,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Exxon, Chevron paint bullish pictures of the oil business.” 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 paint bullish pictures of the oil business,” 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

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Exxon, Chevron paint bullish pictures of the oil business.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Exxon, Chevron paint bullish pictures of the oil business.” 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

How “Exxon, Chevron paint bullish pictures of the oil business” reaches United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “Exxon, Chevron paint bullish pictures of the oil business,” the 31 Oct 2026 Energy story.

What ties United States Oil Fund (USO) to the headline is this: 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

The price range for United States Oil Fund (USO), and the dates in the story

CVX traded between 201.96 and 236.45 across 20 sessions. The latest close on file is 235.57. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.

How solid “Exxon, Chevron paint bullish pictures of the oil business” looks

46 out of 100

“Exxon, Chevron paint bullish pictures of the oil business” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.