Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war
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This report is about oil and defense. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Directly affected
- CVX Chevron+9.6% 30d
Named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iraq” (tanker shipping) in this story.
- TUR iShares MSCI Turkey ETF-19.3% 30d
iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkey”).
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+11.6% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CVX | +0.19% | +1.58% | base | -1.10% | -3.77% | after close | after close |
| USO | +4.37% | +7.30% | base | +0.90% | -1.64% | after close | after close |
| XLE | +1.44% | +2.16% | base | -0.83% | -4.53% | after close | after close |
| ITA | -3.96% | -0.11% | base | +0.81% | -0.36% | after close | after close |
| BWET | -1.54% | +2.86% | base | -7.81% | -18.87% | after close | after close |
| TUR | +2.24% | +1.82% | base | +0.00% | +4.15% | after close | after close |
| XOM | +0.06% | +1.89% | base | -1.26% | -4.04% | after close | after close |
| COP | +0.74% | +2.12% | base | -1.67% | -4.88% | after close | after close |
| SHEL | -0.17% | +2.59% | base | -0.70% | -1.33% | 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.
Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war The Jerusalem Post
Source: The Jerusalem Post
How far United States Oil Fund (USO) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -7.81% | final price |
| Amplify Commodity Trust (BWET) | the next day | -18.87% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +2.86% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | -1.54% | final price |
| Conocophillips (COP) | that day | -1.67% | final price |
| Conocophillips (COP) | the next day | -4.88% | still updating |
| Conocophillips (COP) | three days earlier | +2.12% | final price |
| Conocophillips (COP) | five days earlier | +0.74% | final price |
| Chevron (CVX) | that day | -1.10% | final price |
| Chevron (CVX) | the next day | -3.77% | still updating |
| Chevron (CVX) | three days earlier | +1.58% | final price |
| Chevron (CVX) | five days earlier | +0.19% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +0.81% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | -0.36% | still updating |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -0.11% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | -3.96% | final price |
| SHEL | that day | -0.70% | final price |
| SHEL | the next day | -1.33% | still updating |
| SHEL | three days earlier | +2.59% | final price |
| SHEL | five days earlier | -0.17% | final price |
| Ishares (TUR) | that day | 0.00% | final price |
| Ishares (TUR) | the next day | +4.15% | still updating |
| Ishares (TUR) | three days earlier | +1.82% | final price |
| Ishares (TUR) | five days earlier | +2.24% | final price |
| United States Oil Fund (USO) | that day | +0.90% | final price |
| United States Oil Fund (USO) | the next day | -1.64% | still updating |
| United States Oil Fund (USO) | three days earlier | +7.30% | final price |
| United States Oil Fund (USO) | five days earlier | +4.37% | final price |
| Select Sector Spdr Tr (XLE) | that day | -0.83% | final price |
| Select Sector Spdr Tr (XLE) | the next day | -4.53% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | +2.16% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +1.44% | final price |
| ExxonMobil Holdings (XOM) | that day | -1.26% | final price |
| ExxonMobil Holdings (XOM) | the next day | -4.04% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +1.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +0.06% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 20 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 41 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 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 20 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 64 days before publication. Filed 25 Sep 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 69 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 71 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 74 days before publication. Filed 8 Oct 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).
Who gains and who loses around United States Oil Fund (USO)
Likely winners
- XOM ExxonMobil Holdings
For “Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war,” 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 “oil” (oil) in this story
No up or down call on file
- USO United States Oil Fund
In “Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war,” 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 “Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war,” 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
- ITA IShares U.S. Aerospace & Defense ETF
In “Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
- BWET Amplify Commodity Trust
For “Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iraq” (tanker shipping) in this story
United States Oil Fund (USO) and the energy link
The 3 Nov 2026 story “Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war” names United States Oil Fund (USO) because of Energy.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
What this energy story puts on the calendar
ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for United States Oil Fund (USO)
54 out of 100Price not final
“Iraq boosts Turkey oil exports, signs West Qurna-2 deal with Chevron amid war” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.