Geopolitics Alpha

Brazil publishes first global ‘roadmap’ for phasing out fossil fuels

Published . Updated .

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Brazil publishes first global ‘roadmap’ for phasing out fossil fuels

Cop30 host sets out steps to break link with coal, oil and gas as it aims to move focus from negotiating to implementing

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

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

  • XLE Energy Select Sector SPDR+8.9% 30d

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

  • UNG United States Natural Gas Fund-17.0% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.

  • XME SPDR S&P Metals & Mining ETF-10.8% 30d

    SPDR S&P Metals & Mining ETF: it holds coal and metals producers. Linked by “coal” (coal) in this story.

  • EWZ iShares MSCI Brazil ETF-15.9% 30d

    iShares MSCI Brazil ETF holds stocks listed in Brazil, which this story is about (“brazil”).

  • XOM ExxonMobil Holdings+6.2% 16d

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

  • CVX Chevron+12.5% 30d

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

  • LNG Cheniere Energy+14.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.37%+7.30%baseafter closeafter closeafter closeafter close
XLE+1.44%+2.16%baseafter closeafter closeafter closeafter close
UNG+6.94%+1.94%baseafter closeafter closeafter closeafter close
XME+2.90%+3.46%baseafter closeafter closeafter closeafter close
EWZ+6.72%+3.05%baseafter closeafter closeafter closeafter close
XOM+0.06%+1.89%baseafter closeafter closeafter closeafter close
CVX+0.19%+1.58%baseafter closeafter closeafter closeafter close
LNG-3.81%+2.35%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.

Cop30 host sets out steps to break link with coal, oil and gas as it aims to move focus from negotiating to implementing All countries can start to break their dependence on fossil fuels now without needing to wait for new technologies or…

Source: The Guardian

Energy

CompanyWhenMoveStatus
CVXthree days earlier+1.58%final price
CVXfive days earlier+0.19%final price
EWZthree days earlier+3.05%final price
EWZfive days earlier+6.72%final price
LNGthree days earlier+2.35%final price
LNGfive days earlier-3.81%final price
UNGthree days earlier+1.94%final price
UNGfive days earlier+6.94%final price
USOthree days earlier+7.30%final price
USOfive days earlier+4.37%final price
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%final price
XMEthree days earlier+3.46%final price
XMEfive days earlier+2.90%final price
XOMthree days earlier+1.89%final price
XOMfive days earlier+0.06%final price

Congressional trades 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

“Brazil publishes first global ‘roadmap’ for phasing out fossil fuels” scores 12 out of 100. The score uses 1 sources.