Geopolitics Alpha

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, UNG, ITA, XOM
  • Market reaction: price tracking starts with the next trading session.

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ENERGY · MIDDLE EASTNatural Gas, WTI Oil, Brent OilForecasts – Oil Rebounds FromSession Lows Amid Diplomatic…GEOPOLITICS ALPHA

This report is about oil and natural gas. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

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 “natural gas” (natural gas) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) 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.

  • COP ConocoPhillips+11.6% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (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 “oil” (oil) 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
ITA-4.02%-3.08%baseafter closeafter closeafter closeafter close
XOM+2.57%+5.49%baseafter closeafter closeafter closeafter close
CVX+1.76%+4.58%baseafter closeafter closeafter closeafter close
COP+3.21%+6.66%baseafter closeafter closeafter closeafter close
SHEL+0.85%+4.31%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.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War FXEmpire

Source: FXEmpire

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

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier+6.66%final price
Conocophillips (COP)five days earlier+3.21%final price
Chevron (CVX)three days earlier+4.58%final price
Chevron (CVX)five days earlier+1.76%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier-3.08%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier-4.02%final price
Shell (SHEL)three days earlier+4.31%final price
Shell (SHEL)five days earlier+0.85%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).

Middle East, seven days against thirty

Middle East

Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War” is tagged to Middle East.

Who gains and who loses around United States Oil Fund (USO)

The side that tends to collect

  • XOM ExxonMobil Holdings

    In “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War,” ExxonMobil Holdings (XOM) tends to benefit, 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

No up or down call on file

  • USO United States Oil Fund

    In “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War,” 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

    For “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War,” 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 3 Nov 2026 story “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

How a Middle East shock reaches United States Oil Fund (USO)

The 3 Nov 2026 story “Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War” names United States Oil Fund (USO) because of Middle East.

United States Oil Fund (USO) is on the page because 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

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.

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

46 out of 100

“Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Diplomatic Efforts To Stop Middle East War” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.