Iraqi court hands down prison terms to 2 politicians and an oil official in graft case
Published . Updated .
Covered by 3 outlets: myMotherLode.com, Associated Press, KTVB.
Who covered it: Center 1 · Not rated 2. How we rate outlets
This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+7.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.2% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+40.2% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+10.3% 14d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+8.4% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- FRO Frontline+2.8% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
- COP ConocoPhillips+8.0% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) 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 | -2.52% | -0.26% | base | -1.27% | after close | after close | after close |
| XLE | -1.29% | +1.72% | base | +0.29% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -2.14% | +1.35% | base | +0.44% | after close | after close | after close |
| CVX | -1.18% | +1.19% | base | +0.52% | after close | after close | after close |
| FRONo price data for this ticker | — | — | — | — | — | — | — |
| COP | -2.27% | +1.58% | base | +0.38% | after close | after close | after close |
| DHTNo 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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Iraqi court hands down prison terms to 2 politicians and an oil official in graft case myMotherLode.com
Source: myMotherLode.com
How far United States Oil Fund (USO) has moved since 29 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| Conocophillips (COP) | that day | +0.38% | still updating |
| Conocophillips (COP) | three days earlier | +1.58% | final price |
| Conocophillips (COP) | five days earlier | -2.27% | final price |
| Chevron (CVX) | that day | +0.52% | still updating |
| Chevron (CVX) | three days earlier | +1.19% | final price |
| Chevron (CVX) | five days earlier | -1.18% | final price |
| United States Oil Fund (USO) | that day | -1.27% | still updating |
| United States Oil Fund (USO) | three days earlier | -0.26% | final price |
| United States Oil Fund (USO) | five days earlier | -2.52% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.29% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | +1.72% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -1.29% | final price |
| ExxonMobil Holdings (XOM) | that day | +0.44% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +1.35% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -2.14% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 59 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 90 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 36 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 57 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 64 days before publication. Filed 8 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 64 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 66 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 69 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)
Companies carried with this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case.” 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 “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case,” 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 “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case,” 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
- XOM ExxonMobil Holdings
For “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case,” 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 “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case,” 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 “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case,” 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
Shell (SHEL) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case.” 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
- FRO Frontline
Frontline (FRO) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case.” Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story
United States Oil Fund (USO) and the energy link
United States Oil Fund (USO) is the company in “Iraqi court hands down prison terms to 2 politicians and an oil official in graft case,” the 29 Oct 2026 Energy story.
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
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
The price range for United States Oil Fund (USO), and the dates in the story
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 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.
How strong the case is around United States Oil Fund (USO)
62 out of 100Price not final
“Iraqi court hands down prison terms to 2 politicians and an oil official in graft case” scores 62 out of 100. The score uses 3 sources, and 8 linked companies. The price is not final yet.