The energy inflation spillover is imminent
Published . Updated .
Key takeaways
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Inflation data is the main event next week. For CPI, we expect to see both headline and core inflation rose +0.3% m/m in October.
Directly affected
- No company is named in this report.
Indirectly affected
- TIP iShares TIPS Bond ETF-0.4% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- XLP Consumer Staples Select Sector SPDR-3.0% 13d
Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy inflation” (oil) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- COST Costco Wholesale+16.7% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- PG The Procter & Gamble+12.8% 30d
The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- KO The Coca-Cola+8.8% 30d
The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy inflation” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TIP | +0.35% | +0.29% | base | +0.23% | after close | after close | after close |
| XLPNo price data for this ticker | — | — | — | — | — | — | — |
| USO | +15.71% | +7.84% | base | +1.33% | after close | after close | after close |
| WMT | -6.18% | -1.18% | base | -0.42% | after close | after close | after close |
| COST | -4.84% | -0.56% | base | +1.75% | after close | after close | after close |
| PG | -4.06% | -2.25% | base | -0.48% | after close | after close | after close |
| KONo price data for this ticker | — | — | — | — | — | — | — |
| XOM | +8.08% | +6.08% | base | -0.84% | after close | after close | after 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.
The energy inflation spillover is imminent www.rbc.com
Source: www.rbc.com
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Costco Wholesale (COST) | that day | +1.75% | still updating |
| Costco Wholesale (COST) | three days earlier | -0.56% | final price |
| Costco Wholesale (COST) | five days earlier | -4.84% | final price |
| Procter & Gamble (PG) | that day | -0.48% | still updating |
| Procter & Gamble (PG) | three days earlier | -2.25% | final price |
| Procter & Gamble (PG) | five days earlier | -4.06% | final price |
| Ishares Tr (TIP) | that day | +0.23% | still updating |
| Ishares Tr (TIP) | three days earlier | +0.29% | final price |
| Ishares Tr (TIP) | five days earlier | +0.35% | final price |
| United States Oil Fund (USO) | that day | +1.33% | still updating |
| United States Oil Fund (USO) | three days earlier | +7.84% | final price |
| United States Oil Fund (USO) | five days earlier | +15.71% | final price |
| Walmart (WMT) | that day | -0.42% | still updating |
| Walmart (WMT) | three days earlier | -1.18% | final price |
| Walmart (WMT) | five days earlier | -6.18% | final price |
| ExxonMobil Holdings (XOM) | that day | -0.84% | still updating |
| 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
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 38 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 23 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. David J. Taylor sold Procter & Gamble (PG), worth $1,001 - $15,000 on 12 Oct 2026. That is 24 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Pete Sessions sold Procter & Gamble (PG), worth $1,001 - $15,000 on 8 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Procter & Gamble (PG) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern bought Coca Cola (KO) (jointly held), worth $1,001 - $15,000 on 31 Aug 2026. That is 66 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 66 days before publication. Filed 25 Sep 2026. View the filing.
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 tied to this story
- USO United States Oil Fund
In “The energy inflation spillover is imminent,” 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 “energy inflation” (oil) in this story
- XLE Select Sector Spdr Tr
In “The energy inflation spillover is imminent,” 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 “energy inflation” (oil) in this story
- TIP Ishares Tr
For “The energy inflation spillover is imminent,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- WMT Walmart
In “The energy inflation spillover is imminent,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- XOM ExxonMobil Holdings
In “The energy inflation spillover is imminent,” 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 “energy inflation” (oil) in this story
- COST Costco Wholesale
Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “The energy inflation spillover is imminent.” Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “The energy inflation spillover is imminent.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “energy inflation” (oil) in this story
- PG Procter & Gamble
Procter & Gamble (PG) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “The energy inflation spillover is imminent.” Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
How “The energy inflation spillover is imminent” reaches United States Oil Fund (USO)
On 5 Nov 2026, “The energy inflation spillover is imminent” is the story that connects United States Oil Fund (USO) to this story.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “energy inflation” (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 “energy inflation” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 145.42. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for United States Oil Fund (USO)
46 out of 100Price not final
“The energy inflation spillover is imminent” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.