Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity
Published . Updated .
Key takeaways
- Ukrainian drone strikes have disrupted refineries representing roughly 30% of Russia's total oil-processing capacity since late October
- Exposed: USO, XLE, CRAK, UNG, XOM
- Market reaction: USO −0.9% on the day (still updating); XLE +0.4% on the day (still updating); UNG +2.3% on the day (still updating)
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Ukrainian drone strikes have disrupted refineries representing roughly 30% of Russia's total oil-processing capacity since late October
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story.
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.1% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- VLO Valero Energy-11.1% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story.
- MPC Marathon Petroleum-0.9% 15d
Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) 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 | +10.89% | +3.88% | base | -0.95% | after close | after close | after close |
| XLE | +7.65% | -0.44% | base | +0.37% | after close | after close | after close |
| CRAK | +7.09% | +0.18% | base | -0.69% | after close | after close | after close |
| UNG | -9.43% | -8.04% | base | +2.28% | after close | after close | after close |
| XOM | +7.73% | +0.33% | base | -0.21% | after close | after close | after close |
| CVX | +6.86% | +1.02% | base | -0.11% | after close | after close | after close |
| VLO | +8.60% | -1.57% | base | -1.89% | after close | after close | after close |
| MPC | +9.74% | -3.17% | base | -0.01% | 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.
Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity Crude Oil Prices Today | OilPrice.com
The price since 10 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (CRAK) | that day | -0.69% | still updating |
| Vaneck Etf Trust (CRAK) | three days earlier | +0.18% | final price |
| Vaneck Etf Trust (CRAK) | five days earlier | +7.09% | final price |
| Chevron (CVX) | that day | -0.11% | still updating |
| Chevron (CVX) | three days earlier | +1.02% | final price |
| Chevron (CVX) | five days earlier | +6.86% | final price |
| Marathon Petroleum (MPC) | that day | -0.01% | still updating |
| Marathon Petroleum (MPC) | three days earlier | -3.17% | final price |
| Marathon Petroleum (MPC) | five days earlier | +9.74% | final price |
| United States Natural Gas Fund (UNG) | that day | +2.28% | still updating |
| United States Natural Gas Fund (UNG) | three days earlier | -8.04% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -9.43% | final price |
| United States Oil Fund (USO) | that day | -0.95% | still updating |
| United States Oil Fund (USO) | three days earlier | +3.88% | final price |
| United States Oil Fund (USO) | five days earlier | +10.89% | final price |
| Valero Energy (VLO) | that day | -1.89% | still updating |
| Valero Energy (VLO) | three days earlier | -1.57% | final price |
| Valero Energy (VLO) | five days earlier | +8.60% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.37% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.44% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +7.65% | final price |
| ExxonMobil Holdings (XOM) | that day | -0.21% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +0.33% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +7.73% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 27 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 71 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 27 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 48 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 69 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 49 days before publication. Filed 1 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).
United States Oil Fund (USO) on one side of this energy story
Companies carried with this story
- USO United States Oil Fund
In “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity,” 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 “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- CRAK Vaneck Etf Trust
In “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refining” (refining) in this story
- UNG United States Natural Gas Fund
For “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity,” 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 “russia” (natural gas) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity,” 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 “oil” (oil) in this story
- VLO Valero Energy
In “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story
- MPC Marathon Petroleum
For “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity,” Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence. Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refining” (refining) in this story
United States Oil Fund (USO) and the energy link
On 10 Nov 2026, “Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity” is the story that connects United States Oil Fund (USO) to Energy.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. 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 100Price not final
“Ukrainian Strikes Disrupt 30% of Russia's Oil Refining Capacity” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.