Geopolitics Alpha

First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo

Published . Updated .

ENERGYFirst Venezuelan oil from US-NABEPdeal arrives in Texas, to be soldto Exxon, CitgoXOMGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • XOM ExxonMobil Holdings+11.8% 12d

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 30d

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

  • BWET Breakwave Tanker Shipping ETF+61.1% 18d

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

  • FRO Frontline+7.1% 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.

  • CVX Chevron+6.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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+3.5% 7d

    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+10.8% 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-1.00%+1.85%baseafter closeafter closeafter closeafter close
USO-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
BWET-11.45%-0.12%baseafter closeafter closeafter closeafter close
FRONo price data for this ticker———————
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
DHTNo price data for this ticker———————
INSWNo price data for this ticker———————
COP-1.53%+1.93%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

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First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo Reuters

Source: Reuters

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

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier-0.12%final price
Amplify Commodity Trust (BWET)five days earlier-11.45%final price
Conocophillips (COP)three days earlier+1.93%final price
Conocophillips (COP)five days earlier-1.53%final price
Chevron (CVX)three days earlier+2.17%final price
Chevron (CVX)five days earlier-0.66%final price
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%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 collects and who pays in energy

Companies carried with this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo,” 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

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • XOM ExxonMobil Holdings

    For “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo,” 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

  • CVX Chevron

    For “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo,” 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

  • COP Conocophillips

    For “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo,” 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 “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo,” 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

  • FRO Frontline

    Frontline (FRO) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo.” Reason on file: 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

United States Oil Fund (USO) and the energy link

“First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo” (27 Oct 2026) reaches United States Oil Fund (USO) through Energy.

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

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Price levels for United States Oil Fund (USO)

BWET traded between 788.51 and 1047.07 across 15 sessions. The latest close on file is 931.01. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.

A simple score for United States Oil Fund (USO)

46 out of 100

“First Venezuelan oil from US-NABEP deal arrives in Texas, to be sold to Exxon, Citgo” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.