Geopolitics Alpha

October inflation data comes in hotter than expected, even as energy inflation fades

Published . Updated .

Key takeaways

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

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GEOPOLITICS ALPHAOctober inflation data comes inhotter than expected, even asenergy inflation fadesGEOPOLITICS ALPHA

This report is about oil and inflation and prices.

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 “energy inflation” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • TIP iShares TIPS Bond ETF-0.3% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • COST Costco Wholesale+15.3% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • CVX Chevron+3.1% 30d

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

  • PG The Procter & Gamble+13.4% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+10.89%+3.88%baseafter closeafter closeafter closeafter close
XLE+7.65%-0.44%baseafter closeafter closeafter closeafter close
TIP+0.06%+0.20%baseafter closeafter closeafter closeafter close
WMT-0.64%+1.67%baseafter closeafter closeafter closeafter close
XOM+7.73%+0.33%baseafter closeafter closeafter closeafter close
COST-4.41%-0.01%baseafter closeafter closeafter closeafter close
CVX+6.86%+1.02%baseafter closeafter closeafter closeafter close
PG-3.76%-0.78%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.

October inflation data comes in hotter than expected, even as energy inflation fades Yahoo Finance

Source: Yahoo Finance

The price since 10 Nov 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Costco Wholesale (COST)three days earlier-0.01%final price
Costco Wholesale (COST)five days earlier-4.41%final price
Chevron (CVX)three days earlier+1.02%final price
Chevron (CVX)five days earlier+6.86%final price
Procter & Gamble (PG)three days earlier-0.78%final price
Procter & Gamble (PG)five days earlier-3.76%final price
Ishares Tr (TIP)three days earlier+0.20%final price
Ishares Tr (TIP)five days earlier+0.06%final price
United States Oil Fund (USO)three days earlier+3.88%final price
United States Oil Fund (USO)five days earlier+10.89%final price
Walmart (WMT)three days earlier+1.67%final price
Walmart (WMT)five days earlier-0.64%final price
Select Sector Spdr Tr (XLE)three days earlier-0.44%final price
Select Sector Spdr Tr (XLE)five days earlier+7.65%final price
ExxonMobil Holdings (XOM)three days earlier+0.33%final price
ExxonMobil Holdings (XOM)five days earlier+7.73%final price

Congressional trades 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 tied to this story

  • USO United States Oil Fund

    In “October inflation data comes in hotter than expected, even as energy inflation fades,” 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 “energy inflation” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “October inflation data comes in hotter than expected, even as energy inflation fades.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “energy inflation” (oil) in this story

  • TIP Ishares Tr

    In “October inflation data comes in hotter than expected, even as energy inflation fades,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    In “October inflation data comes in hotter than expected, even as energy inflation fades,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • XOM ExxonMobil Holdings

    For “October inflation data comes in hotter than expected, even as energy inflation fades,” 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 “energy inflation” (oil) in this story

  • COST Costco Wholesale

    For “October inflation data comes in hotter than expected, even as energy inflation fades,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • CVX Chevron

    For “October inflation data comes in hotter than expected, even as energy inflation fades,” 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 “energy inflation” (oil) in this story

  • PG Procter & Gamble

    For “October inflation data comes in hotter than expected, even as energy inflation fades,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “October inflation data comes in hotter than expected, even as energy inflation fades,” the 10 Nov 2026 this story story.

For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “energy inflation” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “energy inflation” (oil) in this story

Price levels for United States Oil Fund (USO)

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. 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.

A simple score for United States Oil Fund (USO)

46 out of 100

“October inflation data comes in hotter than expected, even as energy inflation fades” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.