Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands
Published . Updated .
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This report is about oil and tanker shipping. Names like XOM and CVX 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
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- FRO Frontline
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.
- COP ConocoPhillips
ConocoPhillips (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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +5.62% | -2.06% | base | -3.90% | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | +0.56% | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | -13.59% | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | -0.67% | after close | after close | after close |
| CVX | +7.15% | +2.05% | base | -1.18% | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | -2.51% | after close | after close | after close |
| COP | +7.74% | +0.44% | base | -1.29% | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | -0.53% | 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.
Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands Bloomberg.com
Source: Bloomberg
Earlier energy stories for United States Oil Fund (USO): 18 cases
Across 18 earlier stories, United States Oil Fund (USO) the next day averaged -6.14%. The largest gain was -3.69% and the largest drop was -6.32%, from 15 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -6.14% | -3.69% | -6.32% | 15 |
| United States Oil Fund (USO) | three days later | -11.52% | -1.37% | -12.25% | 15 |
| Select Sector Spdr Tr (XLE) | the next day | -4.35% | -1.51% | -4.71% | 9 |
| Select Sector Spdr Tr (XLE) | three days later | -10.24% | -0.87% | -11.87% | 9 |
| Amplify Commodity Trust (BWET) | the next day | -10.37% | -10.37% | -10.37% | 17 |
| Amplify Commodity Trust (BWET) | three days later | -28.03% | -28.03% | -28.03% | 17 |
| ExxonMobil Holdings (XOM) | the next day | -4.96% | -1.64% | -5.21% | 14 |
| ExxonMobil Holdings (XOM) | three days later | -10.85% | -0.44% | -11.72% | 13 |
- Pakistan-bound LNG tanker attacked near Hormuz despite Iran clearance - Bloomberg
- OPEC+ December Output Targets Unchanged Amid Hormuz Closure
- Shipping Strikes In Hormuz Leave Both Sides With Economic Pain
- IRANIAN NAVY REPORTS OIL TANKER FIRE IN STRAIT OF HORMUZ FOLLOWING MINE INCIDENT – STATE MEDIA
- Higher Strait of Hormuz flows help close the gap in product tanker rates
- Iran Reports Explosions on Two Oil Tankers in Strait of Hormuz
How far United States Oil Fund (USO) has moved since 9 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -13.59% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Conocophillips (COP) | that day | -1.29% | final price |
| Conocophillips (COP) | three days earlier | +0.44% | final price |
| Conocophillips (COP) | five days earlier | +7.74% | final price |
| Chevron (CVX) | that day | -1.18% | final price |
| Chevron (CVX) | three days earlier | +2.05% | final price |
| Chevron (CVX) | five days earlier | +7.15% | final price |
| DHT | that day | -0.53% | final price |
| DHT | three days earlier | +6.67% | final price |
| DHT | five days earlier | +15.43% | final price |
| Frontline (FRO) | that day | -2.51% | final price |
| Frontline (FRO) | three days earlier | +6.76% | final price |
| Frontline (FRO) | five days earlier | +14.63% | final price |
| United States Oil Fund (USO) | that day | -3.90% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.56% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
| ExxonMobil Holdings (XOM) | that day | -0.67% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 70 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 47 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 68 days before publication. Filed 7 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 75 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 77 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 80 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 80 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).
Where this story sits: Strait of Hormuz
Geopolitics Alpha has 172 stories about Strait of Hormuz from the past 7 days and 648 stories from the past 30. That is about its usual pace over the past month. “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands” is tagged to Strait of Hormuz.
Who gains and who pays if Strait of Hormuz stays in the story
The side that tends to collect
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 9 Nov 2026 story “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands.” 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
For “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- OXY Occidental Petroleum
Occidental Petroleum (OXY) tends to benefit, medium confidence in the 9 Nov 2026 story “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands.” Reason on file: Occidental Petroleum (crude petroleum and natural gas): 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 “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands,” 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
In “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands,” 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 Falls on Unconfirmed Report That Iran Eased Hormuz Demands,” 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
- COP Conocophillips
In “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
From Strait of Hormuz to United States Oil Fund (USO)
The 9 Nov 2026 story “Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands” names United States Oil Fund (USO) because of Strait of Hormuz.
What ties United States Oil Fund (USO) to the headline 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
The price range for United States Oil Fund (USO), and the dates in the story
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. 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.
The energy score for United States Oil Fund (USO)
46 out of 100
“Oil Falls on Unconfirmed Report That Iran Eased Hormuz Demands” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.