Response to publication of the Energy Independence Bill in the UK
Published . Updated .
Key takeaways
- In response to the the publication of the Energy Independence Bill, which will put the oil and gas licensing ban in the UK into law, Rosemary Harris, North
- Exposed: EWU, HSBC, LIN, ARM, RIO
- Market reaction: HSBC +4.2% on the day (still updating); EWU +2.9% on the day (still updating); ARM −3.8% on the day (still updating)
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
In response to the the publication of the Energy Independence Bill, which will put the oil and gas licensing ban in the UK into law, Rosemary Harris, North
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 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.
- UNG United States Natural Gas Fund-16.0% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- EWU iShares MSCI United Kingdom ETF-1.3% 30d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”).
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- LNG Cheniere Energy+13.7% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.
- BP BP p.l.c+6.7% 13d
BP p.l.c (petroleum refining, with business in the UK): 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 | +5.38% | +6.75% | base | -2.52% | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | -3.73% | after close | after close | after close |
| UNG | +4.28% | -0.44% | base | -0.22% | after close | after close | after close |
| BWET | +7.18% | +11.56% | base | -12.01% | after close | after close | after close |
| EWU | +0.04% | +1.10% | base | +2.90% | after close | after close | after close |
| XOM | +2.57% | +5.49% | base | -2.82% | after close | after close | after close |
| LNG | -4.34% | +6.17% | base | -3.98% | after close | after close | after close |
| BP | +4.63% | +5.96% | base | -1.28% | 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.
Response to publication of the Energy Independence Bill in the UK Oil Change International
Source: Oil Change International
The price since 4 Nov 2026: Ishares Tr (EWU) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| BP | that day | -1.28% | still updating |
| BP | three days earlier | +5.96% | final price |
| BP | five days earlier | +4.63% | final price |
| BWET | that day | -12.01% | still updating |
| BWET | three days earlier | +11.56% | final price |
| BWET | five days earlier | +7.18% | final price |
| Ishares Tr (EWU) | that day | +2.90% | still updating |
| Ishares Tr (EWU) | three days earlier | +1.10% | final price |
| Ishares Tr (EWU) | five days earlier | +0.04% | final price |
| LNG | that day | -3.98% | still updating |
| LNG | three days earlier | +6.17% | final price |
| LNG | five days earlier | -4.34% | final price |
| UNG | that day | -0.22% | still updating |
| UNG | three days earlier | -0.44% | final price |
| UNG | five days earlier | +4.28% | final price |
| USO | that day | -2.52% | still updating |
| USO | three days earlier | +6.75% | final price |
| USO | five days earlier | +5.38% | final price |
| XLE | that day | -3.73% | still updating |
| XLE | three days earlier | +4.95% | final price |
| XLE | five days earlier | +2.64% | final price |
| XOM | that day | -2.82% | still updating |
| XOM | three days earlier | +5.49% | final price |
| XOM | five days earlier | +2.57% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 21 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 65 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Linde (LIN) (held by a spouse), worth $15,001 - $50,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Linde (LIN) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 48 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Linde (LIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 61 days before publication. Filed 7 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 Ishares Tr (EWU)
Companies carried with this story
- EWU Ishares Tr
For “Response to publication of the Energy Independence Bill in the UK,” Ishares Tr (EWU) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”)
- HSBC Hsbc Holdings
In “Response to publication of the Energy Independence Bill in the UK,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares
- LIN Linde
For “Response to publication of the Energy Independence Bill in the UK,” Linde (LIN) is linked, with no stored direction, medium confidence. Reason on file: Linde (industrial inorganic chemicals) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares
- ARM Arm Holdings
For “Response to publication of the Energy Independence Bill in the UK,” Arm Holdings (ARM) is linked, with no stored direction, medium confidence. Reason on file: Arm Holdings (semiconductors and related devices) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares
- RIO Rio Tinto
Rio Tinto (RIO) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Response to publication of the Energy Independence Bill in the UK.” Reason on file: Rio Tinto Group (metal mining) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares
How energy news reaches Ishares Tr (EWU)
On 4 Nov 2026, “Response to publication of the Energy Independence Bill in the UK” is the story that connects Ishares Tr (EWU) to Energy.
Ishares Tr (EWU) is on the page because iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”)
A second company, Hsbc Holdings (HSBC), is listed for a different reason: HSBC Holdings (savings institution, federally chartered) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares
Dates and price levels for Ishares Tr (EWU)
EWU traded between 45.65 and 47.88 across 17 sessions. The latest close on file is 46.84. HSBC traded between 91.56 and 101.84 across 13 sessions. The latest close on file is 94.32. LIN traded between 476.79 and 522.86 across 20 sessions. The latest close on file is 511.50.
What the saved facts support for Ishares Tr (EWU)
40 out of 100Price not final
“Response to publication of the Energy Independence Bill in the UK” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.