Geopolitics Alpha

Asian Shipping, Energy Stocks Fall After Oil Slides on Mideast Talks Hopes

Published . Updated .

ENERGY · MIDDLE EASTAsian Shipping, Energy Stocks FallAfter Oil Slides on Mideast TalksHopesGEOPOLITICS ALPHA

This report is about oil and container shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+13.9% 30d

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

  • XLE Energy Select Sector SPDR+12.1% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.

  • AAXJ iShares MSCI All Country Asia ex Japan ETF-5.9% 15d

    iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”).

  • XOM ExxonMobil Holdings+10.6% 15d

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

  • CVX Chevron+15.7% 30d

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

  • MATX Matson-6.5% 8d

    Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.

  • COP ConocoPhillips+4.8% 30d

    ConocoPhillips (petroleum refining): 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
USONo price data for this ticker———————
XLENo price data for this ticker———————
BWETNo price data for this ticker———————
AAXJNo price data for this ticker———————
XOM+0.06%+1.89%baseafter closeafter closeafter closeafter close
CVX+0.19%+1.58%baseafter closeafter closeafter closeafter close
MATX+4.99%+2.59%baseafter closeafter closeafter closeafter close
COP+0.74%+2.12%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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Asian Shipping, Energy Stocks Fall After Oil Slides on Mideast Talks Hopes marketscreener.com

Source: marketscreener.com

Middle East

CompanyWhenMoveStatus
COPthree days earlier+2.12%final price
COPfive days earlier+0.74%final price
CVXthree days earlier+1.58%final price
CVXfive days earlier+0.19%final price
MATXthree days earlier+2.59%final price
MATXfive days earlier+4.99%final price
XOMthree days earlier+1.89%final price
XOMfive days earlier+0.06%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).

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How solid the energy case looks

12 out of 100

“Asian Shipping, Energy Stocks Fall After Oil Slides on Mideast Talks Hopes” scores 12 out of 100. The score uses 1 sources.