Geopolitics Alpha

Morpho well off Brazil’s Amapá coast adds a second oil find

Published . Updated .

Morpho well off Brazil’s Amapá coast adds a second oil find Drilling Contractor

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM———————
CVX-2.61%-3.22%—+1.43%+2.75%+4.76%+3.48%
OXY-2.97%-3.14%—+1.72%+2.59%+2.20%+0.96%
COP-4.28%-3.18%—+2.57%+5.07%+6.13%+5.67%
VLO———————
MPC-4.71%-2.77%—+0.99%+4.89%+6.56%+4.75%
XOP———————
XLE———————
USO———————
OIH+1.60%-1.76%—+0.08%+0.59%-1.55%-3.03%

Morpho well off Brazil’s Amapá coast adds a second oil find Drilling Contractor

Source: Drilling Contractor

United States Oil Fund (USO) since this story, compared with the market

Since the first closing price after “Morpho well off Brazil’s Amapá coast adds a second oil find,” United States Oil Fund (USO) is +5.04%. The S&P 500 fund (SPY) is -1.47% over the same days, a +6.51% difference versus the market. energy stocks (XLE) is +0.92%, a +4.13% difference versus that group of stocks.

CompanyWhenMoveStatus
COPthat day+2.57%final price
COPthe next day+5.07%final price
COPtwo days later+6.13%final price
COPthree days later+5.67%final price
COPthree days earlier-3.18%final price
COPfive days earlier-4.28%final price
CVXthat day+1.43%final price
CVXthe next day+2.75%final price
CVXtwo days later+4.76%final price
CVXthree days later+3.48%final price
CVXthree days earlier-3.22%final price
CVXfive days earlier-2.61%final price
MPCthat day+0.99%final price
MPCthe next day+4.89%final price
MPCtwo days later+6.56%final price
MPCthree days later+4.75%final price
MPCthree days earlier-2.77%final price
MPCfive days earlier-4.71%final price
Vaneck Vectors Etf (OIH)that day+0.08%final price
Vaneck Vectors Etf (OIH)the next day+0.59%final price
Vaneck Vectors Etf (OIH)two days later-1.55%final price
Vaneck Vectors Etf (OIH)three days later-3.03%final price
Vaneck Vectors Etf (OIH)three days earlier-1.76%final price
Vaneck Vectors Etf (OIH)five days earlier+1.60%final price
OXYthat day+1.72%final price
OXYthe next day+2.59%final price
OXYtwo days later+2.20%final price
OXYthree days later+0.96%final price
OXYthree days earlier-3.14%final price
OXYfive days earlier-2.97%final price
USO
SPY
XLE

Filings that name United States Oil Fund (USO) around 12 Oct 2026

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 collects and who pays in energy

Companies mentioned with this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “Morpho well off Brazil’s Amapá coast adds a second oil find.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “Morpho well off Brazil’s Amapá coast adds a second oil find.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XLE Select Sector Spdr Tr

    In “Morpho well off Brazil’s Amapá coast adds a second oil find,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    For “Morpho well off Brazil’s Amapá coast adds a second oil find,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • OIH Vaneck Vectors Etf

    For “Morpho well off Brazil’s Amapá coast adds a second oil find,” Vaneck Vectors Etf (OIH) is linked, with no stored direction, medium confidence. Reason on file: Oilfield activity and drilling developments can transmit to oil-services and energy-equipment revenue expectations

  • XES Spdr Series Trust

    In “Morpho well off Brazil’s Amapá coast adds a second oil find,” Spdr Series Trust (XES) is linked, with no stored direction, medium confidence. Reason on file: Oilfield activity and drilling developments can transmit to oil-services and energy-equipment revenue expectations

  • AEIS Advanced Energy Industries

    Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Morpho well off Brazil’s Amapá coast adds a second oil find.” Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AMPY Amplify Energy

    In “Morpho well off Brazil’s Amapá coast adds a second oil find,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “Morpho well off Brazil’s Amapá coast adds a second oil find” reaches United States Oil Fund (USO)

The 12 Oct 2026 story “Morpho well off Brazil’s Amapá coast adds a second oil find” names United States Oil Fund (USO) because of Energy.

United States Oil Fund (USO) is on the page because Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

United States Brent Oil Fund (BNO) is here too. Its reason reads: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

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

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.

How solid “Morpho well off Brazil’s Amapá coast adds a second oil find” looks

46 out of 100

“Morpho well off Brazil’s Amapá coast adds a second oil find” scores 46 out of 100. The score uses 1 sources, and 12 linked companies.