Geopolitics Alpha

Can A Bigger Superior Refinery Lower Gas Prices? Economists Say No

Published . Updated .

Can A Bigger Superior Refinery Lower Gas Prices? Economists Say No

Tiffany pitches expansion to cut Middle East reliance as Iran war drives up fuel costs statewide.

Directly affected

  • RS Reliance+6.6%

    Named in this report.

Indirectly affected

  • FRO Frontline+1.4%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways-1.4%

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund+4.9%

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR+3.8%

    Energy companies move with Iran supply risk

  • LMT Lockheed Martin+11.5%

    Defense contractors get more work when conflict spending rises

  • RTX RTX-0.4%

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RSNo price data for this ticker———————
FRONo price data for this ticker———————
INSWNo price data for this ticker———————
DHTNo price data for this ticker———————
TNKNo price data for this ticker———————
USO-5.13%-5.78%baseafter closeafter closeafter closeafter close
XLE-2.19%-1.69%baseafter closeafter closeafter closeafter close
LMTNo price data for this ticker———————
RTXNo price data for this ticker———————
XOM-2.72%-2.80%baseafter closeafter closeafter closeafter close
DALNo price data for this ticker———————

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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Can A Bigger Superior Refinery Lower Gas Prices? Economists Say No Urban Milwaukee

Source: Urban Milwaukee

Middle East

CompanyWhenMoveStatus
COPthree days earlier-3.40%final price
COPfive days earlier-3.70%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
MPCthree days earlier+2.58%final price
MPCfive days earlier+3.75%final price
OIHthree days earlier-0.91%final price
OIHfive days earlier-3.02%final price
OXYthree days earlier-2.27%final price
OXYfive days earlier-2.23%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
VLOthree days earlier+4.13%final price
VLOfive days earlier+3.31%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price
XOPthree days earlier-1.32%final price
XOPfive days earlier-1.09%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).

Middle East on the map for this story

Middle East has 0 linked stories in the last 7 days and 0 in the last 30 on the page that also carries “Can A Bigger Superior Refinery Lower Gas Prices? Economists Say No.”

How solid the energy case looks

12 out of 100

“Can A Bigger Superior Refinery Lower Gas Prices? Economists Say No” scores 12 out of 100. The score uses 1 sources.