Geopolitics Alpha

Naftogaz and US sign off on oil & gas alliance

Published . Updated .

Key takeaways

  • Naftogaz and the U.S.
  • Exposed: USO, XLE, UNG, XOM, CVX
  • Market reaction: price tracking starts with the next trading session.

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Naftogaz and US sign off on oil & gas alliance

Naftogaz and the U.S. State Department have sealed a strategic energy deal to drive growth in Ukraine's oil and gas sector.

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.

  • UNG United States Natural Gas Fund-17.0% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) 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.

  • XOM ExxonMobil Holdings+3.3% 15d

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

  • LNG Cheniere Energy+14.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

  • EQT Eqt+8.8% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.38%+6.75%baseafter closeafter closeafter closeafter close
XLE+2.64%+4.95%baseafter closeafter closeafter closeafter close
UNG+4.28%-0.44%baseafter closeafter closeafter closeafter close
BWETNo price data for this ticker———————
XOM+2.57%+5.49%baseafter closeafter closeafter closeafter close
CVX+1.76%+4.58%baseafter closeafter closeafter closeafter close
LNG-4.34%+6.17%baseafter closeafter closeafter closeafter close
EQT+3.64%+2.07%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.

Naftogaz and US sign off on oil & gas alliance Offshore Energy

Source: Offshore Energy

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Chevron (CVX)three days earlier+4.58%final price
Chevron (CVX)five days earlier+1.76%final price
Eqt (EQT)three days earlier+2.07%final price
Eqt (EQT)five days earlier+3.64%final price
Cheniere Energy (LNG)three days earlier+6.17%final price
Cheniere Energy (LNG)five days earlier-4.34%final price
United States Natural Gas Fund (UNG)three days earlier-0.44%final price
United States Natural Gas Fund (UNG)five days earlier+4.28%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+5.38%final price
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%final price
ExxonMobil Holdings (XOM)three days earlier+5.49%final price
ExxonMobil Holdings (XOM)five days earlier+2.57%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).

Who is named in “Naftogaz and US sign off on oil & gas alliance”

Companies mentioned with this story

  • USO United States Oil Fund

    For “Naftogaz and US sign off on oil & gas alliance,” 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

    In “Naftogaz and US sign off on oil & gas alliance,” 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

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Naftogaz and US sign off on oil & gas alliance.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story

  • XOM ExxonMobil Holdings

    In “Naftogaz and US sign off on oil & gas alliance,” 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

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Naftogaz and US sign off on oil & gas alliance.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • EQT Eqt

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Naftogaz and US sign off on oil & gas alliance.” Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

  • LNG Cheniere Energy

    Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Naftogaz and US sign off on oil & gas alliance.” Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Naftogaz and US sign off on oil & gas alliance.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

How “Naftogaz and US sign off on oil & gas alliance” reaches United States Oil Fund (USO)

On 4 Nov 2026, “Naftogaz and US sign off on oil & gas alliance” is the story that connects United States Oil Fund (USO) to Energy.

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

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 and price levels for United States Oil Fund (USO)

UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.01. 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.

The energy score for United States Oil Fund (USO)

46 out of 100

“Naftogaz and US sign off on oil & gas alliance” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.