Geopolitics Alpha

Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says

Published . Updated .

Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says

ERBIL — Iraq’s oil exports through the Kurdistan Region’s pipeline to Turkey have doubled from

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+13.9% 30d

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

  • XLE Energy Select Sector SPDR+12.1% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • AMLP Alerian MLP ETF-0.4% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • TUR iShares MSCI Turkey ETF-21.7% 30d

    iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkey”).

  • XOM ExxonMobil Holdings+13.4% 16d

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

  • CVX Chevron+15.7% 30d

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

  • COP ConocoPhillips+8.3% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-1.54%-1.29%baseafter closeafter closeafter closeafter close
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
AMLPNo price data for this ticker———————
BWETNo price data for this ticker———————
TURNo price data for this ticker———————
XOM-1.45%-2.77%baseafter closeafter closeafter closeafter close
CVX-1.54%-2.69%baseafter closeafter closeafter closeafter close
COP-1.71%-3.24%baseafter closeafter closeafter closeafter 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says 964media

Source: 964media

How far United States Oil Fund (USO) has moved since 31 Oct 2026

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier-3.24%final price
Conocophillips (COP)five days earlier-1.71%final price
Chevron (CVX)three days earlier-2.69%final price
Chevron (CVX)five days earlier-1.54%final price
United States Oil Fund (USO)three days earlier-1.29%final price
United States Oil Fund (USO)five days earlier-1.54%final price
Select Sector Spdr Tr (XLE)three days earlier-2.20%final price
Select Sector Spdr Tr (XLE)five days earlier-0.51%final price
ExxonMobil Holdings (XOM)three days earlier-2.77%final price
ExxonMobil Holdings (XOM)five days earlier-1.45%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).

United States Oil Fund (USO) on one side of this energy story

Companies mentioned with this story

  • USO United States Oil Fund

    In “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says,” 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

    For “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says,” 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

  • BWET Amplify Commodity Trust

    For “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says,” 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 “oil” (tanker shipping) in this story

  • TUR Ishares

    For “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkey”)

  • XOM ExxonMobil Holdings

    In “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says,” 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

    For “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says,” 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

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says.” 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

How energy news reaches United States Oil Fund (USO)

“Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says” (31 Oct 2026) reaches United States Oil Fund (USO) through Energy.

For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Dates in the story, and the United States Oil Fund (USO) price range

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Iraq’s oil exports via Turkey double to 500,000 bpd, KAR Group head says” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.