Geopolitics Alpha

"A painful winter" ahead for home heating oil customers as prices spike

Published . Updated .

"A painful winter" ahead for home heating oil customers as prices spike

(ALBANY, NY) -- New Yorkers who use heating oil to keep their homes warm are in for “a painful winter,” one expert said.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+7.3%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM+0.46%-0.17%baseafter closeafter closeafter closeafter close
CVX-0.70%-0.41%baseafter closeafter closeafter closeafter close
OXY-0.16%+0.70%baseafter closeafter closeafter closeafter close
COP+0.58%+0.19%baseafter closeafter closeafter closeafter close
VLO+4.31%+1.77%baseafter closeafter closeafter closeafter close
MPC+4.10%+3.35%baseafter closeafter closeafter closeafter close
XOP+1.81%+1.64%baseafter closeafter closeafter closeafter close
XLE+0.97%+0.55%baseafter closeafter closeafter closeafter close
USO-0.46%-1.11%baseafter closeafter closeafter closeafter close
OIH+1.37%+2.09%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.

Market Call

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"A painful winter" ahead for home heating oil customers as prices spike WRGB

Source: WRGB

Energy

CompanyWhenMoveStatus
COPthree days earlier+0.19%final price
COPfive days earlier+0.58%final price
CVXthree days earlier-0.41%final price
CVXfive days earlier-0.70%final price
MPCthree days earlier+3.35%final price
MPCfive days earlier+4.10%final price
OIHthree days earlier+2.09%final price
OIHfive days earlier+1.37%final price
OXYthree days earlier+0.70%final price
OXYfive days earlier-0.16%final price
USOthree days earlier-1.11%final price
USOfive days earlier-0.46%final price
VLOthree days earlier+1.77%final price
VLOfive days earlier+4.31%final price
XLEthree days earlier+0.55%final price
XLEfive days earlier+0.97%final price
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price
XOPthree days earlier+1.64%final price
XOPfive days earlier+1.81%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).

How solid the energy case looks

12 out of 100

“"A painful winter" ahead for home heating oil customers as prices spike” scores 12 out of 100. The score uses 1 sources.