The oil market that sets today's gas prices was invented in western Pennsylvania
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The oil market that sets today’s gas prices was invented in western Pennsylvania The Derrick
Directly affected
- No company is named in this report.
Indirectly affected
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- VLO Valero
Refiners' profits move with crude and fuel prices
- MPC Marathon Petroleum
Refiners' profits move with crude and fuel prices
- XOP SPDR S&P Oil & Gas Exploration
A fund of oil and gas producers
- XLE Energy Select Sector SPDR
A fund of energy companies
- USO United States Oil Fund
This fund moves with oil prices
- OIH VanEck Oil Services
Oilfield services rise when drilling follows oil prices
Price reaction, T-5 to T+3
The oil market that sets today’s gas prices was invented in western Pennsylvania The Derrick
Source: The Derrick
The price since 11 Oct 2026: United States Brent Oil Fund (BNO) versus the S&P 500
Since the first closing price after “The oil market that sets today's gas prices was invented in western Pennsylvania,” United States Brent Oil Fund (BNO) is +2.99%. The S&P 500 fund (SPY) is -1.47% over the same days, a +4.46% difference versus the market. energy stocks (XLE) is +2.70%, a +0.30% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| COP | that day | +1.01% | final price |
| COP | the next day | +0.58% | final price |
| COP | two days later | +3.97% | final price |
| COP | three days later | +3.07% | final price |
| COP | three days earlier | -4.82% | final price |
| COP | five days earlier | -7.85% | final price |
| CVX | that day | +1.96% | final price |
| CVX | the next day | +0.71% | final price |
| CVX | two days later | +3.29% | final price |
| CVX | three days later | +3.06% | final price |
| CVX | three days earlier | -2.68% | final price |
| CVX | five days earlier | -5.81% | final price |
| MPC | that day | +1.59% | final price |
| MPC | the next day | -0.13% | final price |
| MPC | two days later | +0.21% | final price |
| MPC | three days later | -0.59% | final price |
| MPC | three days earlier | -4.66% | final price |
| MPC | five days earlier | -7.31% | final price |
| OIH | that day | -2.12% | final price |
| OIH | the next day | -3.59% | final price |
| OIH | two days later | -2.10% | final price |
| OIH | three days later | -1.33% | final price |
| OIH | three days earlier | -0.58% | final price |
| OIH | five days earlier | -2.34% | final price |
| OXY | that day | -0.37% | final price |
| OXY | the next day | -1.59% | final price |
| OXY | two days later | +1.20% | final price |
| OXY | three days later | +1.75% | final price |
| OXY | three days earlier | -2.52% | final price |
| OXY | five days earlier | -5.58% | final price |
Official trades in United States Brent Oil Fund (BNO) around 11 Oct 2026
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 collects and who pays in energy
Companies tied to this story
- BNO United States Brent Oil Fund
For “The oil market that sets today's gas prices was invented in western Pennsylvania,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
For “The oil market that sets today's gas prices was invented in western Pennsylvania,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “The oil market that sets today's gas prices was invented in western Pennsylvania,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- USO United States Oil Fund
In “The oil market that sets today's gas prices was invented in western Pennsylvania,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- AEIS Advanced Energy Industries
For “The oil market that sets today's gas prices was invented in western Pennsylvania,” Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence. Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AMPY Amplify Energy
For “The oil market that sets today's gas prices was invented in western Pennsylvania,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ATO Atmos Energy
Atmos Energy (ATO) is linked, with no stored direction, medium confidence in the 11 Oct 2026 story “The oil market that sets today's gas prices was invented in western Pennsylvania.” Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BE Bloom Energy
For “The oil market that sets today's gas prices was invented in western Pennsylvania,” Bloom Energy (BE) is linked, with no stored direction, medium confidence. Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How energy news reaches United States Brent Oil Fund (BNO)
On 11 Oct 2026, “The oil market that sets today's gas prices was invented in western Pennsylvania” is the story that connects United States Brent Oil Fund (BNO) to Energy.
For United States Brent Oil Fund (BNO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Dates and price levels for United States Brent Oil Fund (BNO)
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80. XOP traded between 177.09 and 202.25 across 20 sessions. The latest close on file is 199.52.
What the saved facts support for United States Brent Oil Fund (BNO)
62 out of 100
“The oil market that sets today's gas prices was invented in western Pennsylvania” scores 62 out of 100. The score uses 3 sources, and 10 linked companies.