Geopolitics Alpha

Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%

Published . Updated .

Covered by 7 outlets: Huron Daily Tribune, Yahoo Finance, News-Press NOW, Ottumwa Courier, Barchart.com, The Killeen Daily Herald and 1 more.

Who covered it: Center 1 · Not rated 6. How we rate outlets

ENERGYShares in Asia rise after a rallyon Wall Street, and oil pricesgain more than 1%GEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 30d

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

  • BWET Breakwave Tanker Shipping ETF+61.1% 18d

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

  • AAXJ iShares MSCI All Country Asia ex Japan ETF-9.9% 19d

    iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”).

  • XOM ExxonMobil Holdings+11.8% 12d

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

  • CVX Chevron+6.5% 30d

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

  • COP ConocoPhillips+10.8% 30d

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

  • SHEL Shell+0.1% 13d

    Shell (crude petroleum and natural gas): 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-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
BWETNo price data for this ticker———————
AAXJNo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
COP-1.53%+1.93%baseafter closeafter closeafter closeafter close
SHELNo price data for this ticker———————

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.

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Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1% Huron Daily Tribune

Source: Huron Daily Tribune

The price since 28 Oct 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier+1.93%final price
Conocophillips (COP)five days earlier-1.53%final price
Chevron (CVX)three days earlier+2.17%final price
Chevron (CVX)five days earlier-0.66%final price
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%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).

United States Oil Fund (USO) on one side of this energy story

Companies that tend to gain

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 28 Oct 2026 story “Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    In “Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%,” 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 “Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%,” 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

  • BWET Amplify Commodity Trust

    In “Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • AAXJ Ishares Msci Asia Ex-Japan

    For “Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%,” Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”)

How energy news reaches United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%,” the 28 Oct 2026 Energy story.

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

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

BWET traded between 788.51 and 1047.07 across 15 sessions. The latest close on file is 931.01. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.

The energy score for United States Oil Fund (USO)

92 out of 100

“Shares in Asia rise after a rally on Wall Street, and oil prices gain more than 1%” scores 92 out of 100. The score uses 7 sources, and 8 linked companies.