Geopolitics Alpha

Silver Drops Toward 11-Month Low as Oil, Rates Drag

Published . Updated .

ENERGYSilver Drops Toward 11-Month Lowas Oil, Rates DragGEOPOLITICS ALPHA

This report is about oil and silver.

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.

  • SLV iShares Silver Trust-15.4% 30d

    iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story.

  • 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.

  • PAAS Pan American Silver-17.1% 30d

    Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

  • COP ConocoPhillips+12.1% 30d

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

  • CDE Coeur Mining-25.4% 30d

    Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-3.36%-2.27%baseafter closeafter closeafter closeafter close
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
SLVNo price data for this ticker———————
XOM-3.61%-3.44%baseafter closeafter closeafter closeafter close
CVX-2.74%-2.34%baseafter closeafter closeafter closeafter close
PAASNo price data for this ticker———————
COP-3.61%-3.79%baseafter closeafter closeafter closeafter close
CDENo 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.

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.

Silver Drops Toward 11-Month Low as Oil, Rates Drag TradingPedia

Source: TradingPedia

United States Oil Fund (USO) compared with energy stocks (XLE) since 27 Oct 2026

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier-3.79%final price
Conocophillips (COP)five days earlier-3.61%final price
Chevron (CVX)three days earlier-2.34%final price
Chevron (CVX)five days earlier-2.74%final price
United States Oil Fund (USO)three days earlier-2.27%final price
United States Oil Fund (USO)five days earlier-3.36%final price
Select Sector Spdr Tr (XLE)three days earlier-2.96%final price
Select Sector Spdr Tr (XLE)five days earlier-2.42%final price
ExxonMobil Holdings (XOM)three days earlier-3.44%final price
ExxonMobil Holdings (XOM)five days earlier-3.61%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 tied to this story

  • USO United States Oil Fund

    For “Silver Drops Toward 11-Month Low as Oil, Rates Drag,” 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 “Silver Drops Toward 11-Month Low as Oil, Rates Drag,” 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

  • SLV iShares Silver Trust

    iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Silver Drops Toward 11-Month Low as Oil, Rates Drag.” Reason on file: iShares Silver Trust: it follows the silver price. Linked by “silver” (silver) in this story

  • XOM ExxonMobil Holdings

    For “Silver Drops Toward 11-Month Low as Oil, Rates Drag,” 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

    In “Silver Drops Toward 11-Month Low as Oil, Rates Drag,” 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

  • PAAS Pan American Silver

    In “Silver Drops Toward 11-Month Low as Oil, Rates Drag,” Pan American Silver (PAAS) is linked, with no stored direction, medium confidence. Reason on file: Pan American Silver (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Silver Drops Toward 11-Month Low as Oil, Rates Drag.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CDE Coeur Mining

    In “Silver Drops Toward 11-Month Low as Oil, Rates Drag,” Coeur Mining (CDE) is linked, with no stored direction, medium confidence. Reason on file: Coeur Mining (gold and silver ores): silver miners' profits move with the silver price. Linked by “silver” (silver) in this story

How energy news reaches United States Oil Fund (USO)

On 27 Oct 2026, “Silver Drops Toward 11-Month Low as Oil, Rates Drag” is the story that connects United States Oil Fund (USO) to 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

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

Price levels for United States Oil Fund (USO)

SLV traded between 47.87 and 55.84 across 20 sessions. The latest close on file is 48.67. 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.

How solid “Silver Drops Toward 11-Month Low as Oil, Rates Drag” looks

46 out of 100

“Silver Drops Toward 11-Month Low as Oil, Rates Drag” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.