Geopolitics Alpha

United States Dollar Index remains subdued as lower oil prices ease inflation pressure

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, TIP, UUP, XOM
  • Market reaction: price tracking starts with the next trading session.

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ENERGYUnited States Dollar Index remainssubdued as lower oil prices easeinflation pressureGEOPOLITICS ALPHA

This report is about oil and inflation and prices.

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.

  • TIP iShares TIPS Bond ETF-0.4% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • UUP Invesco DB US Dollar Index Bullish Fund+1.9% 30d

    Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “dollar index” (currencies) 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+3.0% 30d

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

  • COP ConocoPhillips+6.9% 30d

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

  • SHEL Shell+3.5% 11d

    Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.62%-2.06%baseafter closeafter closeafter closeafter close
XLE+9.12%+3.08%baseafter closeafter closeafter closeafter close
TIP+0.09%-0.20%baseafter closeafter closeafter closeafter close
UUP-0.58%-0.82%baseafter closeafter closeafter closeafter close
XOM+8.37%+2.16%baseafter closeafter closeafter closeafter close
CVX+7.15%+2.05%baseafter closeafter closeafter closeafter close
COP+7.74%+0.44%baseafter closeafter closeafter closeafter close
SHEL+5.91%+2.77%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.

United States Dollar Index remains subdued as lower oil prices ease inflation pressure FXStreet

Source: FXStreet

How far United States Oil Fund (USO) has moved since 9 Nov 2026

CompanyWhenMoveStatus
Conocophillips (COP)three days earlier+0.44%final price
Conocophillips (COP)five days earlier+7.74%final price
Chevron (CVX)three days earlier+2.05%final price
Chevron (CVX)five days earlier+7.15%final price
Shell (SHEL)three days earlier+2.77%final price
Shell (SHEL)five days earlier+5.91%final price
Ishares Tr (TIP)three days earlier-0.20%final price
Ishares Tr (TIP)five days earlier+0.09%final price
United States Oil Fund (USO)three days earlier-2.06%final price
United States Oil Fund (USO)five days earlier+5.62%final price
Invesco DB US Dollar Index Bullish Fund (UUP)three days earlier-0.82%final price
Invesco DB US Dollar Index Bullish Fund (UUP)five days earlier-0.58%final price
Select Sector Spdr Tr (XLE)three days earlier+3.08%final price
Select Sector Spdr Tr (XLE)five days earlier+9.12%final price
ExxonMobil Holdings (XOM)three days earlier+2.16%final price
ExxonMobil Holdings (XOM)five days earlier+8.37%final price

Trades by members of Congress and officials 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 carried with this story

  • USO United States Oil Fund

    In “United States Dollar Index remains subdued as lower oil prices ease inflation pressure,” 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 9 Nov 2026 story “United States Dollar Index remains subdued as lower oil prices ease inflation pressure.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • TIP Ishares Tr

    For “United States Dollar Index remains subdued as lower oil prices ease inflation pressure,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • UUP Invesco DB US Dollar Index Bullish Fund

    Invesco DB US Dollar Index Bullish Fund (UUP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “United States Dollar Index remains subdued as lower oil prices ease inflation pressure.” Reason on file: Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “dollar index” (currencies) in this story

  • XOM ExxonMobil Holdings

    For “United States Dollar Index remains subdued as lower oil prices ease inflation pressure,” 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 “oil” (oil) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “United States Dollar Index remains subdued as lower oil prices ease inflation pressure.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    In “United States Dollar Index remains subdued as lower oil prices ease inflation pressure,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • SHEL Shell

    For “United States Dollar Index remains subdued as lower oil prices ease inflation pressure,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

United States Oil Fund (USO) and the energy link

The 9 Nov 2026 story “United States Dollar Index remains subdued as lower oil prices ease inflation pressure” names United States Oil Fund (USO) because of Energy.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (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 “oil” (oil) in this story

Dates and price levels for United States Oil Fund (USO)

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. 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.

A simple score for United States Oil Fund (USO)

46 out of 100

“United States Dollar Index remains subdued as lower oil prices ease inflation pressure” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.