Geopolitics Alpha

Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, CRAK, UNG, XOM
  • Market reaction: price tracking starts with the next trading session.

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ENERGYRussia Tries to Keep Fuel Flowing,but Ukrainian Strikes Shut Down 15of Its 38 Major Oil RefineriesGEOPOLITICS ALPHA

This report is about oil and refining.

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.

  • CRAK VanEck Oil Refiners ETF

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

  • UNG United States Natural Gas Fund-16.0% 30d

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

  • 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.

  • VLO Valero Energy+3.1% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • CVX Chevron+9.6% 30d

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

  • MPC Marathon Petroleum+8.7% 11d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+15.71%+7.84%baseafter closeafter closeafter closeafter close
XLE+8.14%+5.85%baseafter closeafter closeafter closeafter close
CRAK+4.46%+3.83%baseafter closeafter closeafter closeafter close
UNG-1.02%-2.91%baseafter closeafter closeafter closeafter close
XOM+8.08%+6.08%baseafter closeafter closeafter closeafter close
VLO+5.34%+4.45%baseafter closeafter closeafter closeafter close
CVX+6.66%+5.01%baseafter closeafter closeafter closeafter close
MPC+10.19%+9.67%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.

Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries UNITED24 Media

Source: UNITED24 Media

How far United States Oil Fund (USO) has moved since 5 Nov 2026

CompanyWhenMoveStatus
Vaneck Etf Trust (CRAK)three days earlier+3.83%final price
Vaneck Etf Trust (CRAK)five days earlier+4.46%final price
Chevron (CVX)three days earlier+5.01%final price
Chevron (CVX)five days earlier+6.66%final price
Marathon Petroleum (MPC)three days earlier+9.67%final price
Marathon Petroleum (MPC)five days earlier+10.19%final price
United States Natural Gas Fund (UNG)three days earlier-2.91%final price
United States Natural Gas Fund (UNG)five days earlier-1.02%final price
United States Oil Fund (USO)three days earlier+7.84%final price
United States Oil Fund (USO)five days earlier+15.71%final price
Valero Energy (VLO)three days earlier+4.45%final price
Valero Energy (VLO)five days earlier+5.34%final price
Select Sector Spdr Tr (XLE)three days earlier+5.85%final price
Select Sector Spdr Tr (XLE)five days earlier+8.14%final price
ExxonMobil Holdings (XOM)three days earlier+6.08%final price
ExxonMobil Holdings (XOM)five days earlier+8.08%final price

Congressional trades 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).

Companies in energy around United States Oil Fund (USO)

Companies carried with this story

  • USO United States Oil Fund

    In “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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 “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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 5 Nov 2026 story “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

  • UNG United States Natural Gas Fund

    For “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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 “russia” (natural gas) in this story

  • XOM ExxonMobil Holdings

    In “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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

  • VLO Valero Energy

    In “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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 “refineries” (refining) in this story

  • CVX Chevron

    For “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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

  • MPC Marathon Petroleum

    For “Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries,” 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 “refineries” (refining) in this story

How energy news reaches United States Oil Fund (USO)

“Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries” (5 Nov 2026) reaches United States Oil Fund (USO) through 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

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 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. 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 Oil Fund (USO)

46 out of 100

“Russia Tries to Keep Fuel Flowing, but Ukrainian Strikes Shut Down 15 of Its 38 Major Oil Refineries” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.