US Oil Inventories Fall Again As Prices Rise
Published . Updated .
Crude oil inventories in the United States saw a decrease of 1.9 million barrels during the week ending October 23, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday
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 “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (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 “oil” (oil) in this story.
- CVX Chevron+7.9% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+8.3% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (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 “oil” (oil) 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 | -2.37% | +3.62% | base | +2.37% | after close | after close | after close |
| XLE | -0.12% | +1.60% | base | +0.10% | after close | after close | after close |
| XOM | -1.00% | +1.85% | base | +0.89% | after close | after close | after close |
| CVX | -0.66% | +2.17% | base | +0.66% | after close | after close | after close |
| COP | -1.53% | +1.93% | base | +0.87% | after close | after close | after close |
| SHELNo price data for this ticker | — | — | — | — | — | — | — |
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.
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US Oil Inventories Fall Again As Prices Rise Crude Oil Prices Today | OilPrice.com
United States Oil Fund (USO) compared with energy stocks (XLE) since 28 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| Conocophillips (COP) | that day | +0.87% | still updating |
| Conocophillips (COP) | three days earlier | +1.93% | final price |
| Conocophillips (COP) | five days earlier | -1.53% | final price |
| 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 |
| 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
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 35 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 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 63 days before publication. Filed 8 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 63 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 65 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 68 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).
United States Oil Fund (USO) on one side of this energy story
Companies mentioned with this story
- USO United States Oil Fund
For “US Oil Inventories Fall Again As Prices Rise,” 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
In “US Oil Inventories Fall Again As Prices Rise,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
In “US Oil Inventories Fall Again As Prices Rise,” 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
For “US Oil Inventories Fall Again As Prices Rise,” 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
- COP Conocophillips
In “US Oil Inventories Fall Again As Prices Rise,” 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
In “US Oil Inventories Fall Again As Prices Rise,” 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
How energy news reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “US Oil Inventories Fall Again As Prices Rise,” the 28 Oct 2026 Energy story.
The link for United States Oil Fund (USO) is this: 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 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.
The energy score for United States Oil Fund (USO)
46 out of 100Price not final
“US Oil Inventories Fall Again As Prices Rise” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.