Trump to Extend Shipping Waiver for Oil, Fertilizer for 90 Days
Published . Updated .
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This report is about oil and container shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- MOO VanEck Agribusiness ETF
VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “fertilizer” (fertilizer) in this story.
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- ZIM ZIM Integrated Shipping Services
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +1.59% | -3.20% | base | -0.93% | after close | after close | after close |
| XLE | -4.15% | -3.23% | base | +0.12% | after close | after close | after close |
| BWET | +16.99% | -9.44% | base | +5.27% | after close | after close | after close |
| MOO | -1.22% | +0.70% | base | after close | after close | after close | after close |
| XOM | -2.28% | -3.14% | base | -0.18% | after close | after close | after close |
| CVX | -1.78% | -2.44% | base | +0.62% | after close | after close | after close |
| COP | -2.69% | -3.19% | base | +1.04% | after close | after close | after close |
| ZIM | -4.43% | -3.95% | base | -0.05% | 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.
Trump to Extend Shipping Waiver for Oil, Fertilizer for 90 Days Bloomberg.com
Source: Bloomberg
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | +5.27% | still updating |
| BWET | three days earlier | -9.44% | final price |
| BWET | five days earlier | +16.99% | final price |
| COP | that day | +1.04% | still updating |
| COP | three days earlier | -3.19% | final price |
| COP | five days earlier | -2.69% | final price |
| CVX | that day | +0.62% | still updating |
| CVX | three days earlier | -2.44% | final price |
| CVX | five days earlier | -1.78% | final price |
| MOO | three days earlier | +0.70% | final price |
| MOO | five days earlier | -1.22% | final price |
| USO | that day | -0.93% | still updating |
| USO | three days earlier | -3.20% | final price |
| USO | five days earlier | +1.59% | final price |
| XLE | that day | +0.12% | still updating |
| XLE | three days earlier | -3.23% | final price |
| XLE | five days earlier | -4.15% | final price |
| XOM | that day | -0.18% | still updating |
| XOM | three days earlier | -3.14% | final price |
| XOM | five days earlier | -2.28% | final price |
| ZIM | that day | -0.05% | still updating |
| ZIM | three days earlier | -3.95% | final price |
| ZIM | five days earlier | -4.43% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 30 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 74 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 30 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 51 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 72 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 79 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 81 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 84 days before publication. Filed 8 Oct 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).
How solid the energy case looks
25 out of 100Price not final
“Trump to Extend Shipping Waiver for Oil, Fertilizer for 90 Days” scores 25 out of 100. The score uses 2 sources. The price is not final yet.