Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report
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This report is about oil and AI and big tech.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- QQQ Invesco QQQ
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- MSFT Microsoft
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -2.03% | -2.82% | base | after close | after close | after close | after close |
| XLE | -4.57% | -2.42% | base | after close | after close | after close | after close |
| QQQ | -0.18% | +1.53% | base | after close | after close | after close | after close |
| XOM | -3.42% | -2.31% | base | after close | after close | after close | after close |
| CVX | -4.09% | -2.99% | base | after close | after close | after close | after close |
| COP | -5.48% | -3.22% | base | after close | after close | after close | after close |
| SHEL | -0.22% | -1.24% | base | after close | after close | after close | after close |
| MSFT | +4.01% | -0.68% | base | after close | 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.
Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report The Economic Times
Source: The Economic Times
The price since 15 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Conocophillips (COP) | three days earlier | -3.22% | final price |
| Conocophillips (COP) | five days earlier | -5.48% | final price |
| Chevron (CVX) | three days earlier | -2.99% | final price |
| Chevron (CVX) | five days earlier | -4.09% | final price |
| Microsoft (MSFT) | three days earlier | -0.68% | final price |
| Microsoft (MSFT) | five days earlier | +4.01% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | +1.53% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | -0.18% | final price |
| Shell (SHEL) | three days earlier | -1.24% | final price |
| Shell (SHEL) | five days earlier | -0.22% | final price |
| United States Oil Fund (USO) | three days earlier | -2.82% | final price |
| United States Oil Fund (USO) | five days earlier | -2.03% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.42% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -4.57% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.31% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -3.42% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 32 days before publication. Filed 27 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 76 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 53 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 74 days before publication. Filed 7 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 81 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 83 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 86 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Microsoft (MSFT) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 18 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 25 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 31 days before publication. Filed 2 Nov 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).
Companies in energy around United States Oil Fund (USO)
Companies tied to this story
- USO United States Oil Fund
In “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” 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
In “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” 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
- QQQ Invesco Qqq Trust, Series 1
In “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- XOM ExxonMobil Holdings
For “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” 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
In “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” 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 “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” 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 “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” 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
- MSFT Microsoft
For “Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
United States Oil Fund (USO) and the energy link
“Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report” (15 Nov 2026) reaches United States Oil Fund (USO) through Energy.
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
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Price levels for United States Oil Fund (USO)
QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
The energy score for United States Oil Fund (USO)
46 out of 100
“Global economy to grow 2.8% in 2027 as AI investments, lower oil prices offer support: Report” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.