Geopolitics Alpha

National Petroleum Council Meeting

Published . Updated .

Key takeaways

  • Due to aggressive automated scraping of FederalRegister.gov and eCFR.gov, programmatic access to these sites is limited to access to our extensive developer APIs.
  • Exposed: USO, XLE, XOM, CVX, COP
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHANational Petroleum Council MeetingGEOPOLITICS ALPHA

Due to aggressive automated scraping of FederalRegister.gov and eCFR.gov, programmatic access to these sites is limited to access to our extensive developer APIs. Please visit FederalRegister.gov API documentation or eCFR.gov API documentation to learn more about how to access

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “petroleum” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “petroleum” (oil) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+3.0% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story.

  • COP ConocoPhillips+6.9% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (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 “petroleum” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
XOMNo price data for this ticker———————
CVXNo price data for this ticker———————
COPNo price data for this ticker———————
SHELNo 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.

This notice announces a meeting of the National Petroleum Council. The Federal Advisory Committee Act requires that public notice of this meeting be announced in the Federal Register.

Source: Federal Register

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

Since the first closing price after “National Petroleum Council Meeting,” United States Oil Fund (USO) is -6.17%.

USO

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 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 2 Nov 2026 story “National Petroleum Council Meeting.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “petroleum” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “National Petroleum Council Meeting,” 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 “petroleum” (oil) in this story

  • XOM ExxonMobil Holdings

    In “National Petroleum Council Meeting,” 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 “petroleum” (oil) in this story

  • CVX Chevron

    For “National Petroleum Council Meeting,” 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 “petroleum” (oil) in this story

  • COP Conocophillips

    For “National Petroleum Council Meeting,” 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 “petroleum” (oil) in this story

  • SHEL Shell

    In “National Petroleum Council Meeting,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “petroleum” (oil) in this story

How “National Petroleum Council Meeting” reaches United States Oil Fund (USO)

“National Petroleum Council Meeting” (2 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 “petroleum” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “petroleum” (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 148.41. 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.

What the saved facts support for United States Oil Fund (USO)

54 out of 100

“National Petroleum Council Meeting” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.