Geopolitics Alpha

Pemex Sees Steady Oil, More Refining Output in Third Quarter

Published . Updated .

Key takeaways

  • Industrial Info Resources is tracking 352 Pemex oil and gas production projects in Mexico, representing US$8.36 billion in investments
  • Exposed: USO, XLE, CRAK, XOM, CVX
  • Market reaction: price tracking starts with the next trading session.

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Pemex Sees Steady Oil, More Refining Output in Third Quarter

Industrial Info Resources is tracking 352 Pemex oil and gas production projects in Mexico, representing US$8.36 billion in investments

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-5.0% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.

  • UNG United States Natural Gas Fund-19.6% 30d

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

  • EWW iShares MSCI Mexico ETF-0.1% 7d

    iShares MSCI Mexico ETF holds stocks listed in Mexico, which this story is about (“mexico”).

  • 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+5.5% 30d

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

  • COP ConocoPhillips+3.9% 19d

    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+13.96%+6.75%baseafter closeafter closeafter closeafter close
XLE+13.47%+8.12%baseafter closeafter closeafter closeafter close
CRAK+9.63%+6.91%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
EWWNo price data for this ticker———————
XOM+13.27%+7.37%baseafter closeafter closeafter closeafter close
CVX+10.62%+5.78%baseafter closeafter closeafter closeafter close
COP+13.68%+6.58%baseafter closeafter 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.

Pemex Sees Steady Oil, More Refining Output in Third Quarter Industrial Info Resources

Source: Industrial Info Resources

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier+6.58%final price
Conocophillips (COP)five days earlier+13.68%final price
Vaneck Etf Trust (CRAK)three days earlier+6.91%final price
Vaneck Etf Trust (CRAK)five days earlier+9.63%final price
Chevron (CVX)three days earlier+5.78%final price
Chevron (CVX)five days earlier+10.62%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+13.96%final price
Select Sector Spdr Tr (XLE)three days earlier+8.12%final price
Select Sector Spdr Tr (XLE)five days earlier+13.47%final price
ExxonMobil Holdings (XOM)three days earlier+7.37%final price
ExxonMobil Holdings (XOM)five days earlier+13.27%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 “Pemex Sees Steady Oil, More Refining Output in Third Quarter”

Companies tied to this story

  • USO United States Oil Fund

    In “Pemex Sees Steady Oil, More Refining Output in Third Quarter,” 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 “Pemex Sees Steady Oil, More Refining Output in Third Quarter,” 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

  • CRAK Vaneck Etf Trust

    Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Pemex Sees Steady Oil, More Refining Output in Third Quarter.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story

  • XOM ExxonMobil Holdings

    For “Pemex Sees Steady Oil, More Refining Output in Third Quarter,” 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

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Pemex Sees Steady Oil, More Refining Output in Third Quarter.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • VLO Valero Energy

    For “Pemex Sees Steady Oil, More Refining Output in Third Quarter,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story

  • MPC Marathon Petroleum

    For “Pemex Sees Steady Oil, More Refining Output in Third Quarter,” Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence. Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story

  • COP Conocophillips

    For “Pemex Sees Steady Oil, More Refining Output in Third Quarter,” 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

How energy news reaches United States Oil Fund (USO)

The 6 Nov 2026 story “Pemex Sees Steady Oil, More Refining Output in Third Quarter” names United States Oil Fund (USO) because of Energy.

For United States Oil Fund (USO), the reason on file says 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

What this energy story puts on the calendar

USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 145.42. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How strong the case is around United States Oil Fund (USO)

46 out of 100

“Pemex Sees Steady Oil, More Refining Output in Third Quarter” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.