Geopolitics Alpha

Brazil's Petrobras to increase production capacity at another six oil platforms

Published . Updated .

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ENERGYBrazil's Petrobras to increaseproduction capacity at another sixoil platformsGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund

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

  • XLE Energy Select Sector SPDR

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

  • BWET Breakwave Tanker Shipping ETF

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

  • EWZ iShares MSCI Brazil ETF

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

  • FRO Frontline

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings

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

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • CVX Chevron

    Chevron (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
USO+2.78%+4.95%base+0.50%after closeafter closeafter close
XLE+2.11%-0.95%base+1.17%after closeafter closeafter close
BWET+35.67%+29.19%base+4.90%after closeafter closeafter close
EWZ+0.37%-0.44%base+0.89%after closeafter closeafter close
FRO+10.52%+3.52%base+3.86%after closeafter closeafter close
XOM+3.07%+0.89%base+0.74%after closeafter closeafter close
DHT+6.01%-0.62%base+4.06%after closeafter closeafter close
CVX+2.73%+0.67%base+0.62%after 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.

Brazil's Petrobras to increase production capacity at another six oil platforms Reuters

Source: Reuters

Energy

CompanyWhenMoveStatus
BWETthat day+4.90%still updating
BWETthree days earlier+29.19%final price
BWETfive days earlier+35.67%final price
CVXthat day+0.62%still updating
CVXthree days earlier+0.67%final price
CVXfive days earlier+2.73%final price
DHTthat day+4.06%still updating
DHTthree days earlier-0.62%final price
DHTfive days earlier+6.01%final price
EWZthat day+0.89%still updating
EWZthree days earlier-0.44%final price
EWZfive days earlier+0.37%final price
FROthat day+3.86%still updating
FROthree days earlier+3.52%final price
FROfive days earlier+10.52%final price
USOthat day+0.50%still updating
USOthree days earlier+4.95%final price
USOfive days earlier+2.78%final price
XLEthat day+1.17%still updating
XLEthree days earlier-0.95%final price
XLEfive days earlier+2.11%final price
XOMthat day+0.74%still updating
XOMthree days earlier+0.89%final price
XOMfive days earlier+3.07%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 100Price not final

“Brazil's Petrobras to increase production capacity at another six oil platforms” scores 12 out of 100. The score uses 1 sources. The price is not final yet.