Oil Retreats as Iran and Ukraine Peace Hopes Weigh on Crude; Brent Slips to $91.62
Published . Updated .
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This report is about oil and defense. 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-1.1% 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.
- ITA iShares U.S. Aerospace & Defense ETF+1.8% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “ukraine” (defense) in this story.
- DBA Invesco DB Agriculture Fund-6.2% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “ukraine” (grains and farm goods) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.3% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+0.9% 8d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- OXY Occidental Petroleum+10.3% 18d
Occidental Petroleum (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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.74% | +0.82% | base | after close | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | after close | after close | after close | after close |
| ITA | -7.07% | -2.20% | base | after close | after close | after close | after close |
| DBA | -0.74% | -1.01% | base | after close | after close | after close | after close |
| XOM | -0.81% | -1.14% | base | after close | after close | after close | after close |
| CVX | -0.13% | -1.13% | base | after close | after close | after close | after close |
| SHEL | +2.32% | +1.03% | base | after close | after close | after close | after close |
| OXY | -1.40% | -2.40% | 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.
Oil Retreats as Iran and Ukraine Peace Hopes Weigh on Crude; Brent Slips to $91.62 BigGo Finance
Source: BigGo Finance
Energy
| Company | When | Move | Status |
|---|---|---|---|
| CVX | three days earlier | -1.13% | final price |
| CVX | five days earlier | -0.13% | final price |
| DBA | three days earlier | -1.01% | final price |
| DBA | five days earlier | -0.74% | final price |
| ITA | three days earlier | -2.20% | final price |
| ITA | five days earlier | -7.07% | final price |
| OXY | three days earlier | -2.40% | final price |
| OXY | five days earlier | -1.40% | final price |
| SHEL | three days earlier | +1.03% | final price |
| SHEL | five days earlier | +2.32% | final price |
| USO | three days earlier | +0.82% | final price |
| USO | five days earlier | +4.74% | final price |
| XLE | three days earlier | -2.21% | final price |
| XLE | five days earlier | -2.64% | final price |
| XOM | three days earlier | -1.14% | final price |
| XOM | five days earlier | -0.81% | 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 29 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 73 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 29 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 50 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 71 days before publication. Filed 7 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 83 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).
How solid the energy case looks
12 out of 100
“Oil Retreats as Iran and Ukraine Peace Hopes Weigh on Crude; Brent Slips to $91.62” scores 12 out of 100. The score uses 1 sources.