Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War
Published . Updated .
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This report is about natural gas and defense.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- ITA iShares U.S. Aerospace & Defense ETF
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story.
- EPOL iShares MSCI Poland ETF
iShares MSCI Poland ETF holds stocks listed in Poland, which this story is about (“poland”).
- QAT iShares MSCI Qatar ETF
iShares MSCI Qatar ETF holds stocks listed in Qatar, which this story is about (“qatar”).
- LNG Cheniere Energy
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
- EQT Eqt
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNG | -10.81% | -10.24% | base | +1.15% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.57% | after close | after close | after close |
| ITA | -2.04% | -4.68% | base | +0.51% | after close | after close | after close |
| USO | +2.78% | +4.95% | base | +2.37% | after close | after close | after close |
| EPOL | +0.69% | -2.17% | base | -0.77% | after close | after close | after close |
| QAT | -2.38% | -1.87% | base | +0.00% | after close | after close | after close |
| LNG | -0.51% | -5.27% | base | +2.39% | after close | after close | after close |
| EQT | +0.99% | -5.04% | base | +1.73% | 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.
Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War Bloomberg.com
Source: Bloomberg
The price since 11 Nov 2026: United States Natural Gas Fund (UNG) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Tr (EPOL) | that day | -0.77% | still updating |
| Ishares Tr (EPOL) | three days earlier | -2.17% | final price |
| Ishares Tr (EPOL) | five days earlier | +0.69% | final price |
| Eqt (EQT) | that day | +1.73% | still updating |
| Eqt (EQT) | three days earlier | -5.04% | final price |
| Eqt (EQT) | five days earlier | +0.99% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +0.51% | still updating |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -4.68% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | -2.04% | final price |
| Cheniere Energy (LNG) | that day | +2.39% | still updating |
| Cheniere Energy (LNG) | three days earlier | -5.27% | final price |
| Cheniere Energy (LNG) | five days earlier | -0.51% | final price |
| Ishares Tr (QAT) | that day | 0.00% | still updating |
| Ishares Tr (QAT) | three days earlier | -1.87% | final price |
| Ishares Tr (QAT) | five days earlier | -2.38% | final price |
| United States Natural Gas Fund (UNG) | that day | +1.15% | still updating |
| United States Natural Gas Fund (UNG) | three days earlier | -10.24% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -10.81% | final price |
| United States Oil Fund (USO) | that day | +2.37% | still updating |
| United States Oil Fund (USO) | three days earlier | +4.95% | final price |
| United States Oil Fund (USO) | five days earlier | +2.78% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.57% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 76 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 89 days before publication. Filed 14 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).
Who gains and who loses around United States Natural Gas Fund (UNG)
Companies mentioned with this story
- UNG United States Natural Gas Fund
In “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War.” Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- ITA IShares U.S. Aerospace & Defense ETF
For “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
- USO United States Oil Fund
For “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War,” 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 “lng” (oil) in this story
- EPOL Ishares Tr
In “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War,” Ishares Tr (EPOL) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Poland ETF holds stocks listed in Poland, which this story is about (“poland”)
- QAT Ishares Tr
Ishares Tr (QAT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War.” Reason on file: iShares MSCI Qatar ETF holds stocks listed in Qatar, which this story is about (“qatar”)
- LNG Cheniere Energy
In “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
- EQT Eqt
In “Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
United States Natural Gas Fund (UNG) and the energy link
“Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War” (11 Nov 2026) reaches United States Natural Gas Fund (UNG) through Energy.
United States Natural Gas Fund (UNG) is on the page because United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
Price levels for United States Natural Gas Fund (UNG)
ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. 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 Natural Gas Fund (UNG)
54 out of 100Price not final
“Poland’s Orlen Terminates LNG Supply Deal with Qatar Amid War” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.