Geopolitics Alpha

TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, UNG, BWET, FXI
  • Market reaction: price tracking starts with the next trading session.

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ENERGYTotalEnergies signs preliminary15-year China LNG deal for 900,000tonnesTTEGEOPOLITICS ALPHA

This report is about oil and natural gas.

Directly affected

  • TTE TotalEnergies SE

    Named in this report.

Indirectly affected

  • USO United States Oil Fund

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

  • XLE Energy Select Sector SPDR

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

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF

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

  • FXI iShares China Large-Cap ETF

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • XOM ExxonMobil Holdings

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

  • CVX Chevron

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

  • LNG Cheniere Energy

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TTE+0.22%+2.97%baseafter closeafter closeafter closeafter close
USO+5.38%+6.75%baseafter closeafter closeafter closeafter close
XLE+2.64%+4.95%baseafter closeafter closeafter closeafter close
UNG+4.28%-0.44%baseafter closeafter closeafter closeafter close
BWET+7.18%+11.56%baseafter closeafter closeafter closeafter close
FXI-2.21%-0.21%baseafter closeafter closeafter closeafter close
XOM+2.57%+5.49%baseafter closeafter closeafter closeafter close
CVX+1.76%+4.58%baseafter closeafter closeafter closeafter close
LNG-4.34%+6.17%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.

TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes Oil & Gas Middle East

Source: Oil & Gas Middle East

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+11.56%final price
Amplify Commodity Trust (BWET)five days earlier+7.18%final price
Chevron (CVX)three days earlier+4.58%final price
Chevron (CVX)five days earlier+1.76%final price
Ishares China Large-Cap Etf (FXI)three days earlier-0.21%final price
Ishares China Large-Cap Etf (FXI)five days earlier-2.21%final price
Cheniere Energy (LNG)three days earlier+6.17%final price
Cheniere Energy (LNG)five days earlier-4.34%final price
TTEthree days earlier+2.97%final price
TTEfive days earlier+0.22%final price
United States Natural Gas Fund (UNG)three days earlier-0.44%final price
United States Natural Gas Fund (UNG)five days earlier+4.28%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+5.38%final price
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%final price
ExxonMobil Holdings (XOM)three days earlier+5.49%final price
ExxonMobil Holdings (XOM)five days earlier+2.57%final price

Congressional trades 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 mentioned with this story

  • USO United States Oil Fund

    In “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” 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 “totalenergies” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “totalenergies” (oil) in this story

  • UNG United States Natural Gas Fund

    For “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

  • BWET Amplify Commodity Trust

    For “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” 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 “totalenergies” (tanker shipping) in this story

  • FXI Ishares China Large-Cap Etf

    In “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • XOM ExxonMobil Holdings

    In “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” 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 “totalenergies” (oil) in this story

  • CVX Chevron

    In “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” 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 “totalenergies” (oil) in this story

  • LNG Cheniere Energy

    In “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

How energy news reaches United States Oil Fund (USO)

On 4 Nov 2026, “TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes” is the story that connects United States Oil Fund (USO) to Energy.

The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “totalenergies” (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 “totalenergies” (oil) in this story

Dates in the story, and the United States Oil Fund (USO) price range

UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.12. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How strong the case is around United States Oil Fund (USO)

46 out of 100

“TotalEnergies signs preliminary 15-year China LNG deal for 900,000 tonnes” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.