Geopolitics Alpha

Nothing Else Matters If Oil Keeps Climbing

Published . Updated .

Nothing Else Matters If Oil Keeps Climbing

Energy Crunch, War Premiums Threaten to Stall U.S. Economy

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+4.8% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR: it holds health insurers and care providers. Linked by “premiums” (health insurers and care costs) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF-4.2% 30d

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

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • CVX Chevron+7.9% 30d

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

  • COP ConocoPhillips+8.0% 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-2.37%+3.62%base+2.58%after closeafter closeafter close
XLE-0.12%+1.60%base+0.77%after closeafter closeafter close
XLVNo price data for this ticker———————
ITA-0.22%-1.87%base+0.74%after closeafter closeafter close
XOM-1.00%+1.85%base+1.22%after closeafter closeafter close
CVX-0.66%+2.17%base+0.45%after closeafter closeafter close
COP-1.53%+1.93%base+1.12%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.

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Nothing Else Matters If Oil Keeps Climbing WIBC 93.1 FM

Source: WIBC 93.1 FM

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

CompanyWhenMoveStatus
Conocophillips (COP)that day+1.12%superseded
Conocophillips (COP)three days earlier+1.93%final price
Conocophillips (COP)five days earlier-1.53%final price
Chevron (CVX)that day+0.45%final price
Chevron (CVX)three days earlier+2.17%final price
Chevron (CVX)five days earlier-0.66%final price
ITAthat day+0.74%final price
ITAthree days earlier-1.87%final price
ITAfive days earlier-0.22%final price
United States Oil Fund (USO)that day+2.58%superseded
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)that day+0.77%superseded
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)that day+1.22%final price
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%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 “Nothing Else Matters If Oil Keeps Climbing”

Companies mentioned with this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Nothing Else Matters If Oil Keeps Climbing.” 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 “Nothing Else Matters If Oil Keeps Climbing,” 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

  • XOM ExxonMobil Holdings

    For “Nothing Else Matters If Oil Keeps Climbing,” 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

    In “Nothing Else Matters If Oil Keeps Climbing,” 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 “oil” (oil) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Nothing Else Matters If Oil Keeps Climbing.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Nothing Else Matters If Oil Keeps Climbing.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

On 28 Oct 2026, “Nothing Else Matters If Oil Keeps Climbing” is the story that connects United States Oil Fund (USO) to Energy.

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

Price levels for United States Oil Fund (USO)

USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23. XOM traded between 164.06 and 184.89 across 13 sessions. The latest close on file is 179.88.

The energy score for United States Oil Fund (USO)

46 out of 100Price not final

“Nothing Else Matters If Oil Keeps Climbing” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.