Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics
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Moeve is selling its non-operated onshore oil and gas interests in Algeria's Berkine Basin to Pertamina units, marking its exit from upstream globally. The deal awaits Algerian approvals, with financial terms undisclosed, as Moeve focuses on refining and energy transition
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-0.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “moeve” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “moeve” (oil) in this story.
- UNG United States Natural Gas Fund-16.8% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “moeve” (oil) in this story.
- CVX Chevron+4.2% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “moeve” (oil) in this story.
- COP ConocoPhillips+6.2% 19d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “moeve” (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 “moeve” (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 |
|---|---|---|---|---|---|---|---|
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | after close | after close | after close | after close |
| UNG | -3.53% | -0.64% | base | after close | after close | after close | after close |
| CRAK | +9.70% | +5.65% | base | after close | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | after close | after close | after close | after close |
| CVX | +7.15% | +2.05% | base | after close | after close | after close | after close |
| COP | +7.74% | +0.44% | base | after close | after close | after close | after close |
| SHEL | +5.91% | +2.77% | 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.
Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics IndexBox
Source: IndexBox
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Conocophillips (COP) | three days earlier | +0.44% | final price |
| Conocophillips (COP) | five days earlier | +7.74% | final price |
| CRAK | three days earlier | +5.65% | final price |
| CRAK | five days earlier | +9.70% | final price |
| Chevron (CVX) | three days earlier | +2.05% | final price |
| Chevron (CVX) | five days earlier | +7.15% | final price |
| Shell (SHEL) | three days earlier | +2.77% | final price |
| Shell (SHEL) | five days earlier | +5.91% | final price |
| UNG | three days earlier | -0.64% | final price |
| UNG | five days earlier | -3.53% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 24 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 68 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 24 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 45 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 66 days before publication. Filed 7 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 73 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 75 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 78 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 mentioned with this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “moeve” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “moeve” (oil) in this story
- XOM ExxonMobil Holdings
In “Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics,” 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 “moeve” (oil) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “moeve” (oil) in this story
- COP Conocophillips
For “Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics,” 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 “moeve” (oil) in this story
- SHEL Shell
Shell (SHEL) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “moeve” (oil) in this story
United States Oil Fund (USO)
“Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics” (7 Nov 2026) reaches United States Oil Fund (USO) through this story.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “moeve” (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 “moeve” (oil) in this story
Dates and price levels for United States Oil Fund (USO)
USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.22. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70. XOM traded between 167.40 and 188.47 across 17 sessions. The latest close on file is 169.46.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“Moeve Sells Algeria Upstream Assets to Pertamina, Exits Global Upstream - News and Statistics” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.