FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.
Published . Updated .
This report is about oil.
Directly affected
- FDX Fedex-0.4% 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 “fuel costs” (oil) in this story.
- XLE Energy Select Sector SPDR+6.2% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “fuel costs” (oil) in this story.
- XOM ExxonMobil Holdings+10.3% 14d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.
- CVX Chevron+8.4% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.
- COP ConocoPhillips+8.0% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (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 “fuel costs” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FDX | -0.30% | -1.37% | base | +0.61% | after close | after close | after close |
| USO | -2.52% | -0.26% | base | +0.44% | after close | after close | after close |
| XLE | -1.29% | +1.72% | base | -0.04% | after close | after close | after close |
| XOM | -2.14% | +1.35% | base | +0.22% | after close | after close | after close |
| CVX | -1.18% | +1.19% | base | +0.77% | after close | after close | after close |
| COP | -2.27% | +1.58% | base | +0.46% | after close | after close | after close |
| SHEL | +0.66% | +1.71% | base | +2.36% | after close | after close | after 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.
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FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock. Barron's
Source: Barron's
The price since 28 Oct 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Conocophillips (COP) | that day | +0.46% | still updating |
| Conocophillips (COP) | three days earlier | +1.58% | final price |
| Conocophillips (COP) | five days earlier | -2.27% | final price |
| Chevron (CVX) | that day | +0.77% | still updating |
| Chevron (CVX) | three days earlier | +1.19% | final price |
| Chevron (CVX) | five days earlier | -1.18% | final price |
| FDX | that day | +0.61% | still updating |
| FDX | three days earlier | -1.37% | final price |
| FDX | five days earlier | -0.30% | final price |
| Shell (SHEL) | that day | +2.36% | still updating |
| Shell (SHEL) | three days earlier | +1.71% | final price |
| Shell (SHEL) | five days earlier | +0.66% | final price |
| United States Oil Fund (USO) | that day | +0.44% | still updating |
| 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 | -0.04% | still updating |
| 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 | +0.22% | still updating |
| 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
- Rep. Rick Larsen sold Fedex (FDX), worth $1,001 - $15,000 on 8 Oct 2026. That is 20 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Fedex (FDX) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 33 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Fedex (FDX), worth $1,001 - $15,000 on 24 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 35 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 63 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 63 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 65 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
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 Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
In “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.,” 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 “fuel costs” (oil) in this story
- XLE Select Sector Spdr Tr
For “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.,” 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 “fuel costs” (oil) in this story
- XOM ExxonMobil Holdings
For “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.,” 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 “fuel costs” (oil) in this story
- CVX Chevron
In “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.,” 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 “fuel costs” (oil) in this story
- COP Conocophillips
In “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.,” 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 “fuel costs” (oil) in this story
- SHEL Shell
For “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.,” 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 “fuel costs” (oil) in this story
United States Oil Fund (USO)
On 28 Oct 2026, “FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.” is the story that connects United States Oil Fund (USO) to this story.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “fuel costs” (oil) in this story
Price levels for United States Oil Fund (USO)
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. XOM traded between 164.06 and 184.89 across 14 sessions. The latest close on file is 182.08.
What the saved facts support for United States Oil Fund (USO)
46 out of 100Price not final
“FedEx Shrugged Off Rising Fuel Costs. Then Guidance Rattled the Stock.” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.