Latest aframax cargo cements Black Sea refiner's break with Russian oil
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This report is about oil and refining.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+8.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refiner” (refining) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “aframax” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+6.2% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- VLO Valero Energy+1.1% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refiner” (refining) in this story.
- CVX Chevron+12.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- MPC Marathon Petroleum+9.5% 10d
Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refiner” (refining) 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 | +4.37% | +7.30% | base | after close | after close | after close | after close |
| XLE | +1.44% | +2.16% | base | after close | after close | after close | after close |
| CRAK | +1.98% | +0.61% | base | after close | after close | after close | after close |
| BWET | -1.54% | +2.86% | base | after close | after close | after close | after close |
| XOM | +0.06% | +1.89% | base | after close | after close | after close | after close |
| VLO | +1.54% | +0.86% | base | after close | after close | after close | after close |
| CVX | +0.19% | +1.58% | base | after close | after close | after close | after close |
| MPC | +1.26% | +0.47% | base | after close | after close | 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.
Latest aframax cargo cements Black Sea refiner's break with Russian oil TradeWinds News
Source: TradeWinds News
How United States Oil Fund (USO) moved after the last 8 energy shocks
In the last 8 similar stories, United States Oil Fund (USO) moved an average of -2.44% the next day. The best was +1.30% and the worst was -3.69%, from 8 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -2.44% | +1.30% | -3.69% | 8 |
| United States Oil Fund (USO) | three days later | -1.37% | -1.37% | -1.37% | 6 |
| Select Sector Spdr Tr (XLE) | the next day | -0.57% | +2.25% | -1.51% | 8 |
| Select Sector Spdr Tr (XLE) | three days later | -0.87% | -0.87% | -0.87% | 6 |
| Amplify Commodity Trust (BWET) | the next day | +0.69% | +4.09% | +0.12% | 7 |
| Amplify Commodity Trust (BWET) | three days later | +4.59% | +4.59% | +4.59% | 6 |
- Black Sea has become the world’s most dangerous shipping route – FT
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- Carlyle sells Romania's Black Sea Oil & Gas to Mazarine
- Carlyle Group to sell its Romanian Black Sea offshore natural gas producer
- Russia Turns Black Sea Into World’s Deadliest Shipping Route as 570 Ships Are Hit
- Black Sea overtakes Gulf as world’s deadliest shipping route: Report
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +2.86% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | -1.54% | final price |
| Vaneck Etf Trust (CRAK) | three days earlier | +0.61% | final price |
| Vaneck Etf Trust (CRAK) | five days earlier | +1.98% | final price |
| Chevron (CVX) | three days earlier | +1.58% | final price |
| Chevron (CVX) | five days earlier | +0.19% | final price |
| Marathon Petroleum (MPC) | three days earlier | +0.47% | final price |
| Marathon Petroleum (MPC) | five days earlier | +1.26% | final price |
| United States Oil Fund (USO) | three days earlier | +7.30% | final price |
| United States Oil Fund (USO) | five days earlier | +4.37% | final price |
| Valero Energy (VLO) | three days earlier | +0.86% | final price |
| Valero Energy (VLO) | five days earlier | +1.54% | final price |
| 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) | three days earlier | +1.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +0.06% | final price |
Congressional trades in the stocks in this story
- 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. 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. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 19 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 42 days before publication. Filed 1 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).
Black Sea, seven days against thirty
Geopolitics Alpha has 11 stories about Black Sea from the past 7 days and 52 stories from the past 30. That is about its usual pace over the past month. “Latest aframax cargo cements Black Sea refiner's break with Russian oil” is tagged to Black Sea.
Who gains and who loses around United States Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
In “Latest aframax cargo cements Black Sea refiner's break with Russian oil,” 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
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Latest aframax cargo cements Black Sea refiner's break with Russian oil.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- CRAK Vaneck Etf Trust
Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Latest aframax cargo cements Black Sea refiner's break with Russian oil.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refiner” (refining) in this story
- BWET Amplify Commodity Trust
For “Latest aframax cargo cements Black Sea refiner's break with Russian oil,” 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 “aframax” (tanker shipping) in this story
- XOM ExxonMobil Holdings
In “Latest aframax cargo cements Black Sea refiner's break with Russian oil,” 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
- VLO Valero Energy
Valero Energy (VLO) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Latest aframax cargo cements Black Sea refiner's break with Russian oil.” Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refiner” (refining) in this story
- CVX Chevron
For “Latest aframax cargo cements Black Sea refiner's break with Russian oil,” 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
- MPC Marathon Petroleum
Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Latest aframax cargo cements Black Sea refiner's break with Russian oil.” Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refiner” (refining) in this story
How energy news reaches United States Oil Fund (USO)
“Latest aframax cargo cements Black Sea refiner's break with Russian oil” (3 Nov 2026) reaches United States Oil Fund (USO) through Black Sea.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): 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
USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“Latest aframax cargo cements Black Sea refiner's break with Russian oil” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.