UK's Burnham weighs approval for oil and gas drilling in the North Sea
Published . Updated .
UK’s Burnham weighs approval for oil and gas drilling in the North Sea AP News
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
UK’s Burnham weighs approval for oil and gas drilling in the North Sea AP News
Source: Associated Press
Price since this story was published: United States Oil Fund (USO)
Since the first closing price after “UK's Burnham weighs approval for oil and gas drilling in the North Sea,” United States Oil Fund (USO) is +4.67%. The S&P 500 fund (SPY) is -0.40% over the same days, a +5.06% difference versus the market. energy stocks (XLE) is +0.27%, a +4.40% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| COP | that day | +2.44% | final price |
| COP | the next day | +3.47% | final price |
| COP | two days later | +3.03% | final price |
| COP | three days later | +6.51% | final price |
| COP | three days earlier | -2.44% | final price |
| COP | five days earlier | -5.98% | final price |
| CVX | that day | +1.30% | final price |
| CVX | the next day | +3.29% | final price |
| CVX | two days later | +2.02% | final price |
| CVX | three days later | +4.63% | final price |
| CVX | three days earlier | -1.61% | final price |
| CVX | five days earlier | -3.45% | final price |
| MPC | that day | +3.86% | final price |
| MPC | the next day | +5.51% | final price |
| MPC | two days later | +3.72% | final price |
| MPC | three days later | +4.08% | final price |
| MPC | three days earlier | +0.92% | final price |
| MPC | five days earlier | -5.88% | final price |
| Vaneck Vectors Etf (OIH) | that day | +0.51% | final price |
| Vaneck Vectors Etf (OIH) | the next day | -1.62% | final price |
| Vaneck Vectors Etf (OIH) | two days later | -3.10% | final price |
| Vaneck Vectors Etf (OIH) | three days later | -1.60% | final price |
| Vaneck Vectors Etf (OIH) | three days earlier | -0.38% | final price |
| Vaneck Vectors Etf (OIH) | five days earlier | +0.75% | final price |
| OXY | that day | +0.85% | final price |
| OXY | the next day | +0.47% | final price |
| OXY | two days later | -0.75% | final price |
| OXY | three days later | +2.06% | final price |
| OXY | three days earlier | -1.39% | final price |
| OXY | five days earlier | -4.58% | final price |
Who reported a United States Oil Fund (USO) trade near 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).
Who collects and who pays in energy
Companies carried with this story
- USO United States Oil Fund
For “UK's Burnham weighs approval for oil and gas drilling in the North Sea,” 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
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “UK's Burnham weighs approval for oil and gas drilling in the North Sea.” 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
Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “UK's Burnham weighs approval for oil and gas drilling in the North Sea.” 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
State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “UK's Burnham weighs approval for oil and gas drilling in the North Sea.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- NRT North European Oil Royalty Trust
For “UK's Burnham weighs approval for oil and gas drilling in the North Sea,” North European Oil Royalty Trust (NRT) is linked, with no stored direction, medium confidence. Reason on file: GA selected NRT as a RELATED security because its canonical security name directly matches this event's themes: north, oil. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- OIH Vaneck Vectors Etf
Vaneck Vectors Etf (OIH) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “UK's Burnham weighs approval for oil and gas drilling in the North Sea.” Reason on file: Oilfield activity and drilling developments can transmit to oil-services and energy-equipment revenue expectations
- XES Spdr Series Trust
In “UK's Burnham weighs approval for oil and gas drilling in the North Sea,” Spdr Series Trust (XES) is linked, with no stored direction, medium confidence. Reason on file: Oilfield activity and drilling developments can transmit to oil-services and energy-equipment revenue expectations
- AEIS Advanced Energy Industries
Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “UK's Burnham weighs approval for oil and gas drilling in the North Sea.” 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
United States Oil Fund (USO) and the energy link
United States Oil Fund (USO) is the company in “UK's Burnham weighs approval for oil and gas drilling in the North Sea,” the 13 Oct 2026 Energy story.
For United States Oil Fund (USO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Also listed, United States Brent Oil Fund (BNO): Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
What this energy story puts on the calendar
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
How strong the case is around United States Oil Fund (USO)
69 out of 100
“UK's Burnham weighs approval for oil and gas drilling in the North Sea” scores 69 out of 100. The score uses 4 sources, and 12 linked companies.