Geopolitics Alpha

Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel

Published . Updated .

Covered by 2 outlets: Euronext Markets: Real-time Stock Market Data | live, Yahoo Finance.

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

Key takeaways

  • Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel Euronext Markets: Real-time Stock Market Data | live
  • Exposed: USO, XLE, BWET, EIS, XOM
  • Market reaction: price tracking starts with the next trading session.

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ENERGYStocks erase losses, oil tumblesafter Trump says US will end $4billion funding to IsraelGEOPOLITICS ALPHA

Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel Euronext Markets: Real-time Stock Market Data | live

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

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

  • XLE Energy Select Sector SPDR+8.9% 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 tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • EIS iShares MSCI Israel ETF-0.8% 12d

    iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israel”).

  • XOM ExxonMobil Holdings+6.2% 16d

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

  • CVX Chevron+12.5% 30d

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

  • COP ConocoPhillips+4.8% 30d

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

  • SHEL Shell-2.5% 12d

    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+4.37%+7.30%baseafter closeafter closeafter closeafter close
XLE+1.44%+2.16%baseafter closeafter closeafter closeafter close
BWET-1.54%+2.86%baseafter closeafter closeafter closeafter close
EIS+8.15%+2.90%baseafter closeafter closeafter closeafter close
XOM+0.06%+1.89%baseafter closeafter closeafter closeafter close
CVX+0.19%+1.58%baseafter closeafter closeafter closeafter close
COP+0.74%+2.12%baseafter closeafter closeafter closeafter close
SHEL-0.17%+2.59%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.

Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel Euronext Markets: Real-time Stock Market Data | live

Source: Euronext Markets: Real-time Stock Market Data | live

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+2.86%final price
Amplify Commodity Trust (BWET)five days earlier-1.54%final price
Conocophillips (COP)three days earlier+2.12%final price
Conocophillips (COP)five days earlier+0.74%final price
Chevron (CVX)three days earlier+1.58%final price
Chevron (CVX)five days earlier+0.19%final price
Ishares (EIS)three days earlier+2.90%final price
Ishares (EIS)five days earlier+8.15%final price
Shell (SHEL)three days earlier+2.59%final price
Shell (SHEL)five days earlier-0.17%final price
United States Oil Fund (USO)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
Select Sector Spdr Tr (XLE)three days earlier+2.16%final price
Select Sector Spdr Tr (XLE)five days earlier+1.44%final price
ExxonMobil Holdings (XOM)three days earlier+1.89%final price
ExxonMobil Holdings (XOM)five days earlier+0.06%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

    In “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel,” 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

    In “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel,” 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

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • EIS Ishares

    For “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel,” Ishares (EIS) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israel”)

  • XOM ExxonMobil Holdings

    In “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel,” 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

    For “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel,” 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

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel.” 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 3 Nov 2026 story “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel.” 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

United States Oil Fund (USO) and the energy link

United States Oil Fund (USO) is the company in “Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel,” the 3 Nov 2026 Energy story.

What ties United States Oil Fund (USO) to the headline is this: 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 17 sessions. The latest close on file is 907.20. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

A simple score for United States Oil Fund (USO)

54 out of 100

“Stocks erase losses, oil tumbles after Trump says US will end $4 billion funding to Israel” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.