Geopolitics Alpha

How Low Can the Strategic Petroleum Reserve Actually Go

Published . Updated .

How Low Can the Strategic Petroleum Reserve Actually Go Crude Oil Prices Today | OilPrice.com

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

How Low Can the Strategic Petroleum Reserve Actually Go Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) since “How Low Can the Strategic Petroleum Reserve Actually Go,” compared with the market

Since the first closing price after “How Low Can the Strategic Petroleum Reserve Actually Go,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is +2.70%. The S&P 500 fund (SPY) is -1.47% over the same days, a +4.17% difference versus the market. energy stocks (XLE) is +2.70%, a +0.01% difference versus that group of stocks.

CompanyWhenMoveStatus
Advanced Energy Industries (AEIS)that day-2.66%final price
Advanced Energy Industries (AEIS)the next day-4.51%final price
Advanced Energy Industries (AEIS)two days later-9.69%final price
Advanced Energy Industries (AEIS)three days later-12.66%final price
Advanced Energy Industries (AEIS)three days earlier+1.28%final price
Advanced Energy Industries (AEIS)five days earlier+3.10%final price
Amplify Energy (AMPY)that day+1.01%final price
Amplify Energy (AMPY)the next day+3.13%final price
Amplify Energy (AMPY)two days later-2.68%final price
Amplify Energy (AMPY)three days later-2.68%final price
Amplify Energy (AMPY)three days earlier-0.22%final price
Amplify Energy (AMPY)five days earlier-0.89%final price
Atmos Energy (ATO)that day+0.47%final price
Atmos Energy (ATO)the next day+1.10%final price
Atmos Energy (ATO)two days later+1.43%final price
Atmos Energy (ATO)three days later+1.39%final price
Atmos Energy (ATO)three days earlier-1.53%final price
Atmos Energy (ATO)five days earlier-2.24%final price
Bloom Energy (BE)that day-6.35%final price
Bloom Energy (BE)the next day-5.98%final price
Bloom Energy (BE)two days later-14.60%final price
Bloom Energy (BE)three days later-15.67%final price
Bloom Energy (BE)three days earlier+3.94%final price
Bloom Energy (BE)five days earlier+2.26%final price
United States Brent Oil Fund (BNO)that day+1.77%final price
United States Brent Oil Fund (BNO)the next day+1.77%final price
United States Brent Oil Fund (BNO)two days later+1.69%final price
United States Brent Oil Fund (BNO)three days later+1.38%final price
United States Brent Oil Fund (BNO)three days earlier-3.24%final price
United States Brent Oil Fund (BNO)five days earlier-3.94%final price
XOP
SPY
XLE

Disclosure records for State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) within two months of 11 Oct 2026

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

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    For “How Low Can the Strategic Petroleum Reserve Actually Go,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 11 Oct 2026 story “How Low Can the Strategic Petroleum Reserve Actually Go.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    For “How Low Can the Strategic Petroleum Reserve Actually Go,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XLE Select Sector Spdr Tr

    For “How Low Can the Strategic Petroleum Reserve Actually Go,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • AEIS Advanced Energy Industries

    Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “How Low Can the Strategic Petroleum Reserve Actually Go.” Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AMPY Amplify Energy

    For “How Low Can the Strategic Petroleum Reserve Actually Go,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ATO Atmos Energy

    For “How Low Can the Strategic Petroleum Reserve Actually Go,” Atmos Energy (ATO) is linked, with no stored direction, medium confidence. Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BE Bloom Energy

    In “How Low Can the Strategic Petroleum Reserve Actually Go,” Bloom Energy (BE) is linked, with no stored direction, medium confidence. Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) and the energy link

On 11 Oct 2026, “How Low Can the Strategic Petroleum Reserve Actually Go” is the story that connects State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) to Energy.

What ties State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) to the headline is this: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

United States Oil Fund (USO) is here too. Its reason reads: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

What this energy story puts on the calendar

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.

How solid the energy case looks

54 out of 100

“How Low Can the Strategic Petroleum Reserve Actually Go” scores 54 out of 100. The score uses 2 sources, and 10 linked companies.