Geopolitics Alpha

Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured Maduro

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Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured Maduro EnergyNow.com

Directly affected

  • CVX Chevron

    Named in this report.

  • SHEL Shell

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CVX———————
SHEL———————
XOM———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured Maduro EnergyNow.com

Source: EnergyNow.com

How solid the energy case looks

12 out of 100

“Chevron, Shell Closing in on First Big Oil Production Deals in Venezuela Since US Captured Maduro” scores 12 out of 100. The score uses 1 sources.