Geopolitics Alpha

Oil spike fuels Democratic ads

Published . Updated .

Oil spike fuels Democratic ads

Democrats are seizing on a new attack on GOP candidates for House and Senate seats as colder weather sweeps into the Northeast, knocking their opponents over the high cost of home heating oil.

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.

  • 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.

  • SHEL Shell+0.1% 13d

    Shell (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

TickerT-5T-3T-1T0T+1T+2T+3
USO-3.36%-2.27%baseafter closeafter closeafter closeafter close
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
XOM-3.61%-3.44%baseafter closeafter closeafter closeafter close
CVX-2.74%-2.34%baseafter closeafter closeafter closeafter close
COP-3.61%-3.79%baseafter closeafter closeafter closeafter close
SHELNo price data for this ticker———————

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 spike fuels Democratic ads Punchbowl News

Source: Punchbowl News

The price since 26 Oct 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier-3.79%final price
Conocophillips (COP)five days earlier-3.61%final price
Chevron (CVX)three days earlier-2.34%final price
Chevron (CVX)five days earlier-2.74%final price
United States Oil Fund (USO)three days earlier-2.27%final price
United States Oil Fund (USO)five days earlier-3.36%final price
Select Sector Spdr Tr (XLE)three days earlier-2.96%final price
Select Sector Spdr Tr (XLE)five days earlier-2.42%final price
ExxonMobil Holdings (XOM)three days earlier-3.44%final price
ExxonMobil Holdings (XOM)five days earlier-3.61%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 is named in “Oil spike fuels Democratic ads”

Companies mentioned with this story

  • USO United States Oil Fund

    For “Oil spike fuels Democratic ads,” 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

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Oil spike fuels Democratic ads.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Oil spike fuels Democratic ads.” 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 spike fuels Democratic ads,” 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 “oil” (oil) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Oil spike fuels Democratic ads.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Oil spike fuels Democratic ads.” Reason on file: Shell (crude petroleum and natural gas): 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

On 26 Oct 2026, “Oil spike fuels Democratic ads” is the story that connects United States Oil Fund (USO) to Energy.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

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

Price levels for United States Oil Fund (USO)

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. XOM traded between 164.06 and 183.70 across 11 sessions. The latest close on file is 183.21.

The energy score for United States Oil Fund (USO)

46 out of 100

“Oil spike fuels Democratic ads” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.