Geopolitics Alpha

North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August

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North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August

(KNOX/KFYR) - The North Dakota Department of Mineral Resources is reporting the number of active oil wells hit...

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.2% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • CVX Chevron+9.9% 30d

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

  • COP ConocoPhillips+11.7% 30d

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

  • SHEL Shell+0.1% 13d

    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-5.13%-5.78%base-2.94%after closeafter closeafter close
XLE-2.19%-1.69%base-0.41%after closeafter closeafter close
XOM-2.72%-2.80%base-0.51%after closeafter closeafter close
CVX-3.75%-2.77%base-0.81%after closeafter closeafter close
COP-3.70%-3.40%base-0.82%after closeafter closeafter close
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.

Market Call

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North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August knoxradio.com

Source: knoxradio.com

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

CompanyWhenMoveStatus
COPthat day-0.82%still updating
COPthree days earlier-3.40%final price
COPfive days earlier-3.70%final price
CVXthat day-0.81%still updating
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
United States Oil Fund (USO)that day-2.94%still updating
United States Oil Fund (USO)three days earlier-5.78%final price
United States Oil Fund (USO)five days earlier-5.13%final price
Select Sector Spdr Tr (XLE)that day-0.41%still updating
Select Sector Spdr Tr (XLE)three days earlier-1.69%final price
Select Sector Spdr Tr (XLE)five days earlier-2.19%final price
XOMthat day-0.51%still updating
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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).

United States Oil Fund (USO) on one side of this energy story

The side that tends to collect

  • USO United States Oil Fund

    In “North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August,” United States Oil Fund (USO) tends to benefit, medium confidence. Reason on file: This fund moves with oil prices. Linked by “oil + high” in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) tends to benefit, medium confidence in the 26 Oct 2026 story “North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August.” Reason on file: A fund of energy companies. Linked by “oil + high” in this story

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

    In “North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) tends to benefit, medium confidence. Reason on file: A fund of oil and gas producers. Linked by “oil + high” in this story

  • OIH Vaneck Vectors Etf

    Vaneck Vectors Etf (OIH) tends to benefit, medium confidence in the 26 Oct 2026 story “North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August.” Reason on file: Oilfield services rise when drilling follows oil prices. Linked by “oil + high” in this story

No up or down call on file

  • BNO United States Brent Oil Fund

    In “North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August,” United States Brent Oil Fund (BNO) is linked, with no stored direction, medium confidence. Reason on file: Tracks Brent, the global crude benchmark. Linked by “oil + high” in this story

United States Oil Fund (USO) and the energy link

United States Oil Fund (USO) is the company in “North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August,” the 26 Oct 2026 Energy story.

What ties United States Oil Fund (USO) to the headline is this: This fund moves with oil prices. Linked by “oil + high” in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: A fund of energy companies. Linked by “oil + high” in this story

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

BNO traded between 58.70 and 71.28 across 20 sessions. The latest close on file is 70.98. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.

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

40 out of 100Price not final

“North Dakota Department of Mineral Resources Says Number Of Active Oil Wells At All Time High In August” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.