Gulf Oil Bargains Lure India Away From Russia as Freight Soars
Published . Updated .
This report is about Russia and Ukraine and Energy. Names like XLE and USO typically gain because energy prices move when Russian supply is at risk. Linked by “russia + oil” in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- XLE Energy Select Sector SPDR+7.4% 30d
Energy prices move when Russian supply is at risk. Linked by “ukraine + oil” in this story
- USO United States Oil Fund+8.2% 30d
This fund moves with oil prices. Linked by “ukraine + oil” in this story
- BNO United States Brent Oil Fund+14.2% 30d
Tracks Brent, the global crude benchmark. Linked by “oil + prices” in this story
- BWET Breakwave Tanker Shipping ETF+64.8% 18d
Tanker freight rates move when crude trade flows shift. Linked by “oil + prices” in this story
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLE | -2.19% | -1.69% | base | after close | after close | after close | after close |
| USO | -5.13% | -5.78% | base | after close | after close | after close | after close |
| BNONo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo 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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Gulf Oil Bargains Lure India Away From Russia as Freight Soars Bloomberg.com
Source: Bloomberg
Select Sector Spdr Tr (XLE) compared with energy stocks (XLE) since 26 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| United States Oil Fund (USO) | three days earlier | -5.78% | final price |
| United States Oil Fund (USO) | five days earlier | -5.13% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -1.69% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.19% | final price |
Who gains and who loses around Select Sector Spdr Tr (XLE)
Companies that tend to gain
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) tends to benefit, medium confidence in the 26 Oct 2026 story “Gulf Oil Bargains Lure India Away From Russia as Freight Soars.” Reason on file: Energy prices move when Russian supply is at risk. Linked by “russia + oil” in this story
- USO United States Oil Fund
In “Gulf Oil Bargains Lure India Away From Russia as Freight Soars,” United States Oil Fund (USO) tends to benefit, medium confidence. Reason on file: This fund moves with oil prices. Linked by “russia + oil” in this story
No up or down call on file
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Gulf Oil Bargains Lure India Away From Russia as Freight Soars.” Reason on file: Tracks Brent, the global crude benchmark. Linked by “oil + russia” in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Gulf Oil Bargains Lure India Away From Russia as Freight Soars.” Reason on file: Tanker freight rates move when crude trade flows shift. Linked by “oil + russia” in this story
Select Sector Spdr Tr (XLE) and the energy link
Select Sector Spdr Tr (XLE) is the company in “Gulf Oil Bargains Lure India Away From Russia as Freight Soars,” the 26 Oct 2026 Energy story.
What ties Select Sector Spdr Tr (XLE) to the headline is this: Energy prices move when Russian supply is at risk. Linked by “russia + oil” in this story
Also listed, United States Oil Fund (USO): This fund moves with oil prices. Linked by “russia + oil” in this story
What this energy story puts on the calendar
BNO traded between 58.70 and 71.28 across 20 sessions. The latest close on file is 70.98. 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.
The energy score for Select Sector Spdr Tr (XLE)
33 out of 100
“Gulf Oil Bargains Lure India Away From Russia as Freight Soars” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.