Geopolitics Alpha

Russian crude shipping rates slide amid falling oil prices

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, BWET, XOM, CVX
  • Market reaction: USO −0.9% on the day (still updating); XLE +0.4% on the day (still updating); BWET −10.4% on the day (still updating)

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ENERGYRussian crude shipping rates slideamid falling oil pricesGEOPOLITICS ALPHA

This report is about oil and container shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 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.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.

  • 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+3.1% 30d

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

  • COP ConocoPhillips+4.0% 30d

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

  • SHEL Shell+2.7% 10d

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

  • ZIM ZIM Integrated Shipping Services-2.6% 30d

    ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+10.89%+3.88%base-0.95%after closeafter closeafter close
XLE+7.65%-0.44%base+0.37%after closeafter closeafter close
BWET+44.12%+15.72%base-10.42%after closeafter closeafter close
XOM+7.73%+0.33%base-0.21%after closeafter closeafter close
CVX+6.86%+1.02%base-0.21%after closeafter closeafter close
COP+7.34%+0.71%base+0.78%after closeafter closeafter close
SHEL+5.41%+1.27%base-1.78%after closeafter closeafter close
ZIM+2.88%-3.65%base-1.63%after 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.

Russian crude shipping rates slide amid falling oil prices Baird Maritime

Source: Baird Maritime

United States Oil Fund (USO) compared with energy stocks (XLE) since 10 Nov 2026

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day-10.42%still updating
Amplify Commodity Trust (BWET)three days earlier+15.72%final price
Amplify Commodity Trust (BWET)five days earlier+44.12%final price
Conocophillips (COP)that day+0.78%still updating
Conocophillips (COP)three days earlier+0.71%final price
Conocophillips (COP)five days earlier+7.34%final price
Chevron (CVX)that day-0.21%still updating
Chevron (CVX)three days earlier+1.02%final price
Chevron (CVX)five days earlier+6.86%final price
Shell (SHEL)that day-1.78%still updating
Shell (SHEL)three days earlier+1.27%final price
Shell (SHEL)five days earlier+5.41%final price
United States Oil Fund (USO)that day-0.95%still updating
United States Oil Fund (USO)three days earlier+3.88%final price
United States Oil Fund (USO)five days earlier+10.89%final price
Select Sector Spdr Tr (XLE)that day+0.37%still updating
Select Sector Spdr Tr (XLE)three days earlier-0.44%final price
Select Sector Spdr Tr (XLE)five days earlier+7.65%final price
ExxonMobil Holdings (XOM)that day-0.21%still updating
ExxonMobil Holdings (XOM)three days earlier+0.33%final price
ExxonMobil Holdings (XOM)five days earlier+7.73%final price
ZIM Integrated Shipping Services (ZIM)that day-1.63%still updating
ZIM Integrated Shipping Services (ZIM)three days earlier-3.65%final price
ZIM Integrated Shipping Services (ZIM)five days earlier+2.88%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 gains and who loses around United States Oil Fund (USO)

Companies mentioned with this story

  • USO United States Oil Fund

    In “Russian crude shipping rates slide amid falling oil prices,” 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 10 Nov 2026 story “Russian crude shipping rates slide amid falling oil prices.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Russian crude shipping rates slide amid falling oil prices.” Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story

  • XOM ExxonMobil Holdings

    In “Russian crude shipping rates slide amid falling oil prices,” 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 10 Nov 2026 story “Russian crude shipping rates slide amid falling oil prices.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    For “Russian crude shipping rates slide amid falling oil prices,” 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

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Russian crude shipping rates slide amid falling oil prices.” 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

  • ZIM ZIM Integrated Shipping Services

    ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Russian crude shipping rates slide amid falling oil prices.” Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story

How “Russian crude shipping rates slide amid falling oil prices” reaches United States Oil Fund (USO)

The 10 Nov 2026 story “Russian crude shipping rates slide amid falling oil prices” names United States Oil Fund (USO) because of 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

Dates in the story, and the United States Oil Fund (USO) price range

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How solid “Russian crude shipping rates slide amid falling oil prices” looks

46 out of 100Price not final

“Russian crude shipping rates slide amid falling oil prices” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.