Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker
Published . Updated .
This report is about oil and tanker shipping. Names like FRO typically gain because frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+2.7% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+5.6% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+61.1% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- FRO Frontline+7.1% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+11.8% 12d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
- CVX Chevron+6.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- INSW International Seaways+3.5% 7d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -2.37% | +3.62% | base | after close | after close | after close | after close |
| XLE | -0.12% | +1.60% | base | after close | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -4.64% | -1.64% | base | after close | after close | after close | after close |
| XOM | -1.00% | +1.85% | base | after close | after close | after close | after close |
| DHT | +0.06% | +1.80% | base | after close | after close | after close | after close |
| CVX | -0.66% | +2.17% | base | after close | after close | after close | after close |
| INSW | -0.05% | -0.54% | base | after close | after close | after close | after 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.
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Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker Ship & Bunker
Source: Ship & Bunker
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Chevron (CVX) | three days earlier | +2.17% | final price |
| Chevron (CVX) | five days earlier | -0.66% | final price |
| DHT | three days earlier | +1.80% | final price |
| DHT | five days earlier | +0.06% | final price |
| Frontline (FRO) | three days earlier | -1.64% | final price |
| Frontline (FRO) | five days earlier | -4.64% | final price |
| INSW | three days earlier | -0.54% | final price |
| INSW | five days earlier | -0.05% | final price |
| 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) | three days earlier | +1.60% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -0.12% | 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
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 35 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 63 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 63 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 65 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
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
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker” is tagged to Middle East.
Who gains and who loses around United States Oil Fund (USO)
The side that tends to collect
- FRO Frontline
In “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story
No up or down call on file
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker.” 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 “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker,” 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
- BWET Amplify Commodity Trust
For “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
- XOM ExxonMobil Holdings
For “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker,” 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
United States Oil Fund (USO) and the energy link
United States Oil Fund (USO) is the company in “Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker,” the 28 Oct 2026 Middle East story.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and price levels for United States Oil Fund (USO)
BWET traded between 788.51 and 1047.07 across 15 sessions. The latest close on file is 931.01. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.
The energy score for United States Oil Fund (USO)
46 out of 100
“Oil Extends Losses On Optimism For Iran-Led Talks With Middle East Leaders - While The West Braces For More Hostilities — Ship & Bunker” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.