Geopolitics Alpha

CENTCOM chief visits Strait of Hormuz amid ‘milestone’ of crude oil exports

Published . Updated .

CENTCOM chief visits Strait of Hormuz amid ‘milestone’ of crude oil exports

“We continue to stand shoulder to shoulder with our Gulf partners and the shipping industry,” said Adm. Brad Cooper.

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.

  • XOM ExxonMobil Holdings+13.4% 16d

    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.

  • SHEL Shell+0.1% 13d

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

  • OXY Occidental Petroleum+1.5% 30d

    Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • FRO Frontline+14.2% 30d

    Tanker operators earn more when freight rates spike. Linked by “hormuz” in this story

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-5.13%-5.78%base-1.59%-3.69%-1.69%-1.37%
XLE-2.19%-1.69%base+0.30%-1.51%-1.24%-0.87%
BWETNo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%-1.64%-0.62%-0.44%
CVX-3.75%-2.77%base-0.52%-2.02%-1.69%—
SHELNo price data for this ticker———————
OXYNo price data for this ticker———————
FRO-4.16%-3.04%base+4.35%+1.67%+5.78%+6.89%

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

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

CENTCOM chief visits Strait of Hormuz amid ‘milestone’ of crude oil exports JNS.org

Source: JNS.org

Strait of Hormuz

CompanyWhenMoveStatus
CVXthat day-0.52%final price
CVXthe next day-2.02%final price
CVXtwo days later-1.69%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
FROthat day+4.35%final price
FROthe next day+1.67%final price
FROtwo days later+5.78%final price
FROthree days later+6.89%final price
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
USOthat day-1.59%final price
USOthe next day-3.69%final price
USOtwo days later-1.69%final price
USOthree days later-1.37%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthe next day-1.51%final price
XLEtwo days later-1.24%final price
XLEthree days later-0.87%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day-1.64%final price
XOMtwo days later-0.62%final price
XOMthree days later-0.44%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price
XLE

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).

Where this story sits: Strait of Hormuz

Strait of Hormuz

Geopolitics Alpha has 181 stories about Strait of Hormuz from the past 7 days and 478 stories from the past 30. That is faster than its usual pace over the past month. “CENTCOM chief visits Strait of Hormuz amid ‘milestone’ of crude oil exports” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100

“CENTCOM chief visits Strait of Hormuz amid ‘milestone’ of crude oil exports” scores 12 out of 100. The score uses 1 sources.