Geopolitics Alpha

US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says

Published . Updated .

Covered by 2 outlets: EnergyNow.com, Reuters.

Who covered it: Center 1 · Not rated 1. How we rate outlets

ENERGYUS crude stocks and distillateinventories fall, gasoline stocksrise, the EIA saysGEOPOLITICS ALPHA

This report is about oil. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+4.8% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • CVX Chevron+7.9% 30d

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

  • SHEL Shell+0.1% 13d

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

  • OXY Occidental Petroleum+1.5% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.37%+3.62%base+2.37%after closeafter closeafter close
XLE-0.12%+1.60%base+0.10%after closeafter closeafter close
XOM-1.00%+1.85%base+0.89%after closeafter closeafter close
CVX-0.66%+2.17%base+0.66%after closeafter closeafter close
SHELNo price data for this ticker———————
OXY-0.04%+2.28%base+0.77%after 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

US Crude Stocks and Distillate Inventories Fall, Gasoline Stocks Rise, the EIA Says EnergyNow.com

Source: EnergyNow.com

How far United States Oil Fund (USO) has moved since 28 Oct 2026

CompanyWhenMoveStatus
Chevron (CVX)that day+0.66%still updating
Chevron (CVX)three days earlier+2.17%final price
Chevron (CVX)five days earlier-0.66%final price
Occidental Petroleum (OXY)that day+0.77%still updating
Occidental Petroleum (OXY)three days earlier+2.28%final price
Occidental Petroleum (OXY)five days earlier-0.04%final price
United States Oil Fund (USO)that day+2.37%still updating
United States Oil Fund (USO)three days earlier+3.62%final price
United States Oil Fund (USO)five days earlier-2.37%final price
Select Sector Spdr Tr (XLE)that day+0.10%still updating
Select Sector Spdr Tr (XLE)three days earlier+1.60%final price
Select Sector Spdr Tr (XLE)five days earlier-0.12%final price
ExxonMobil Holdings (XOM)that day+0.89%still updating
ExxonMobil Holdings (XOM)three days earlier+1.85%final price
ExxonMobil Holdings (XOM)five days earlier-1.00%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).

Who gains and who loses around United States Oil Fund (USO)

Companies that tend to gain

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 28 Oct 2026 story “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story

  • CVX Chevron

    In “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story

  • OXY Occidental Petroleum

    Occidental Petroleum (OXY) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says.” Reason on file: Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story

United States Oil Fund (USO) and the energy link

On 28 Oct 2026, “US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says” 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 “crude” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story

Price levels for United States Oil Fund (USO)

USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23. XOM traded between 164.06 and 184.89 across 13 sessions. The latest close on file is 179.88.

How solid the energy case looks

54 out of 100Price not final

“US crude stocks and distillate inventories fall, gasoline stocks rise, the EIA says” scores 54 out of 100. The score uses 2 sources, and 6 linked companies. The price is not final yet.