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Oil retreats from six-month highs as Saudi attacks keep supply risks elevated

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Oil retreats from six-month highs as Saudi attacks keep supply risks elevated

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.2% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • UNG United States Natural Gas Fund-7.2% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-10.9% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • CVX Chevron+9.9% 30d

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

  • COP ConocoPhillips+11.7% 30d

    ConocoPhillips (petroleum refining): 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-5.13%-5.78%base-1.53%after closeafter closeafter close
XLE-2.19%-1.69%base+0.35%after closeafter closeafter close
UNGNo price data for this ticker———————
BWETNo price data for this ticker———————
KSANo price data for this ticker———————
XOM-2.72%-2.80%base+0.33%after closeafter closeafter close
CVX-3.75%-2.77%base-0.28%after closeafter closeafter close
COP-3.70%-3.40%base-0.25%after 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.

Market Call

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Oil retreats from six-month highs as Saudi attacks keep supply risks elevated Oil & Gas 360

Source: Oil & Gas 360

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Conocophillips (COP)that day-0.25%still updating
Conocophillips (COP)three days earlier-3.40%final price
Conocophillips (COP)five days earlier-3.70%final price
Chevron (CVX)that day-0.28%still updating
Chevron (CVX)three days earlier-2.77%final price
Chevron (CVX)five days earlier-3.75%final price
United States Oil Fund (USO)that day-1.53%still updating
United States Oil Fund (USO)three days earlier-5.78%final price
United States Oil Fund (USO)five days earlier-5.13%final price
Select Sector Spdr Tr (XLE)that day+0.35%still updating
Select Sector Spdr Tr (XLE)three days earlier-1.69%final price
Select Sector Spdr Tr (XLE)five days earlier-2.19%final price
ExxonMobil Holdings (XOM)that day+0.33%still updating
ExxonMobil Holdings (XOM)three days earlier-2.80%final price
ExxonMobil Holdings (XOM)five days earlier-2.72%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 collects and who pays in energy

The side that tends to collect

  • XOM ExxonMobil Holdings

    In “Oil retreats from six-month highs as Saudi attacks keep supply risks elevated,” ExxonMobil Holdings (XOM) tends to benefit, 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

No up or down call on file

  • USO United States Oil Fund

    In “Oil retreats from six-month highs as Saudi attacks keep supply risks elevated,” 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

    For “Oil retreats from six-month highs as Saudi attacks keep supply risks elevated,” 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

    In “Oil retreats from six-month highs as Saudi attacks keep supply risks elevated,” 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

  • KSA Ishares Msci Saudi Arabia Etf

    For “Oil retreats from six-month highs as Saudi attacks keep supply risks elevated,” Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)

United States Oil Fund (USO) and the energy link

On 26 Oct 2026, “Oil retreats from six-month highs as Saudi attacks keep supply risks elevated” is the story that connects United States Oil Fund (USO) to Energy.

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

What this energy story puts on the calendar

BWET traded between 788.51 and 1047.07 across 14 sessions. The latest close on file is 900.02. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.

The energy score for United States Oil Fund (USO)

46 out of 100Price not final

“Oil retreats from six-month highs as Saudi attacks keep supply risks elevated” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.