WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.
Published . Updated .
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This report is about oil and health insurers and care costs. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
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.
- XLV Health Care Select Sector SPDR
Health Care Select Sector SPDR: it holds health insurers and care providers. Linked by “premiums” (health insurers and care costs) 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+3.3% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- OXY Occidental Petroleum+10.3% 18d
Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+1.1% 9d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- UNH UnitedHealth Group+4.3% 30d
UnitedHealth Group (hospital and medical service plans): health insurers' costs move with medical prices and policy. Linked by “premiums” (health insurers and care costs) 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 | +2.78% | +4.95% | base | +2.37% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.57% | after close | after close | after close |
| XLV | +0.42% | -2.16% | base | -0.84% | after close | after close | after close |
| XOM | +3.07% | +0.89% | base | +1.25% | after close | after close | after close |
| CVX | +2.73% | +0.67% | base | +0.78% | after close | after close | after close |
| OXY | +0.77% | -0.84% | base | +0.72% | after close | after close | after close |
| SHEL | +4.68% | +1.86% | base | +0.63% | after close | after close | after close |
| UNH | +1.04% | -2.68% | base | -1.50% | 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.
WTI Crude Oil futures hit cycle low as Mideast risk premiums ease. CME Group
Source: CME Group
United States Oil Fund (USO) compared with energy stocks (XLE) since 11 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Chevron (CVX) | that day | +0.78% | still updating |
| Chevron (CVX) | three days earlier | +0.67% | final price |
| Chevron (CVX) | five days earlier | +2.73% | final price |
| Occidental Petroleum (OXY) | that day | +0.72% | still updating |
| Occidental Petroleum (OXY) | three days earlier | -0.84% | final price |
| Occidental Petroleum (OXY) | five days earlier | +0.77% | final price |
| Shell (SHEL) | that day | +0.63% | still updating |
| Shell (SHEL) | three days earlier | +1.86% | final price |
| Shell (SHEL) | five days earlier | +4.68% | final price |
| Unitedhealth Group (UNH) | that day | -1.50% | still updating |
| Unitedhealth Group (UNH) | three days earlier | -2.68% | final price |
| Unitedhealth Group (UNH) | five days earlier | +1.04% | final price |
| United States Oil Fund (USO) | that day | +2.37% | still updating |
| United States Oil Fund (USO) | three days earlier | +4.95% | final price |
| United States Oil Fund (USO) | five days earlier | +2.78% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.57% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
| Select Sector Spdr Tr (XLV) | that day | -0.84% | still updating |
| Select Sector Spdr Tr (XLV) | three days earlier | -2.16% | final price |
| Select Sector Spdr Tr (XLV) | five days earlier | +0.42% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.25% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +0.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +3.07% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 28 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 72 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 28 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 49 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 70 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Unitedhealth Group (UNH), worth $1,001 - $15,000 on 24 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Unitedhealth Group (UNH) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 49 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Unitedhealth Group (UNH) (jointly held), worth $15,001 - $50,000 on 10 Sep 2026. That is 62 days before publication. Filed 25 Sep 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).
Where this story sits: Middle East
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.” is tagged to Middle East.
Who gains and who pays if Middle East stays in the story
Likely winners
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 11 Nov 2026 story “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease..” 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
In “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (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 11 Nov 2026 story “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease..” 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 11 Nov 2026 story “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease..” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- XLV Select Sector Spdr Tr
In “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.,” Select Sector Spdr Tr (XLV) is linked, with no stored direction, medium confidence. Reason on file: Health Care Select Sector SPDR: it holds health insurers and care providers. Linked by “premiums” (health insurers and care costs) in this story
- OXY Occidental Petroleum
For “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.,” Occidental Petroleum (OXY) is linked, with no stored direction, medium confidence. Reason on file: Occidental Petroleum (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 11 Nov 2026 story “WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.” names United States Oil Fund (USO) because of Middle East.
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
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)
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.
What the saved facts support for United States Oil Fund (USO)
54 out of 100Price not final
“WTI Crude Oil futures hit cycle low as Mideast risk premiums ease.” scores 54 out of 100. The score uses 2 sources, and 8 linked companies. The price is not final yet.