Geopolitics Alpha

Gas prices could drop this week after refinery disruption in Illinois

Published . Updated .

ENERGYGas prices could drop this weekafter refinery disruption inIllinoisGEOPOLITICS ALPHA

This report is about natural gas and oil. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gas prices” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-7.2% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • USO United States Oil Fund+8.2% 30d

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

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • LNG Cheniere Energy+8.9% 30d

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

  • CVX Chevron+9.9% 30d

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

  • EQT Eqt+4.5% 19d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNGNo price data for this ticker———————
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
USO-3.36%-2.27%baseafter closeafter closeafter closeafter close
CRAKNo price data for this ticker———————
XOM-3.61%-3.44%baseafter closeafter closeafter closeafter close
LNGNo price data for this ticker———————
CVX-2.74%-2.34%baseafter closeafter closeafter closeafter close
EQTNo 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.

Market Call

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Gas prices could drop this week after refinery disruption in Illinois WSAW

Source: WSAW

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

CompanyWhenMoveStatus
Chevron (CVX)three days earlier-2.34%final price
Chevron (CVX)five days earlier-2.74%final price
United States Oil Fund (USO)three days earlier-2.27%final price
United States Oil Fund (USO)five days earlier-3.36%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
ExxonMobil Holdings (XOM)three days earlier-3.44%final price
ExxonMobil Holdings (XOM)five days earlier-3.61%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 that tend to gain

  • XOM ExxonMobil Holdings

    For “Gas prices could drop this week after refinery disruption in Illinois,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gas prices” (oil) in this story

  • CVX Chevron

    In “Gas prices could drop this week after refinery disruption in Illinois,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gas prices” (oil) in this story

No up or down call on file

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Gas prices could drop this week after refinery disruption in Illinois.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    For “Gas prices could drop this week after refinery disruption in Illinois,” 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 prices” (natural gas) in this story

  • USO United States Oil Fund

    For “Gas prices could drop this week after refinery disruption in Illinois,” 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 “gas prices” (oil) in this story

  • CRAK Vaneck Etf Trust

    Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Gas prices could drop this week after refinery disruption in Illinois.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

How energy news reaches United States Natural Gas Fund (UNG)

On 26 Oct 2026, “Gas prices could drop this week after refinery disruption in Illinois” is the story that connects United States Natural Gas Fund (UNG) to Energy.

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

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas prices” (natural gas) in this story

The price range for United States Natural Gas Fund (UNG), and the dates in the story

UNG traded between 9.52 and 11.43 across 20 sessions. The latest close on file is 9.59. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.

How strong the case is around United States Natural Gas Fund (UNG)

46 out of 100

“Gas prices could drop this week after refinery disruption in Illinois” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.