Geopolitics Alpha

CME backed industry group urges CFTC to block Kalshi oil futures plan

Published . Updated .

ENERGY · TAIWAN STRAITCME backed industry group urgesCFTC to block Kalshi oil futuresplanCRCWGEOPOLITICS ALPHA

This report is about Energy. Names like XOM and CVX typically gain because oil producers earn more when crude prices rise.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+8.5%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    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
CRCWPrices arriving within minutes———after closeafter closeafter closeafter close
XOM+0.46%-0.17%baseafter closeafter closeafter closeafter close
CVX-0.70%-0.41%baseafter closeafter closeafter closeafter close
OXY-0.16%+0.70%baseafter closeafter closeafter closeafter close
COP+0.58%+0.19%baseafter closeafter closeafter closeafter close
VLO+4.31%+1.77%baseafter closeafter closeafter closeafter close
MPC+4.10%+3.35%baseafter closeafter closeafter closeafter close
XOP+1.81%+1.64%baseafter closeafter closeafter closeafter close
XLE+0.97%+0.55%baseafter closeafter closeafter closeafter close
USO-0.46%-1.11%baseafter closeafter closeafter closeafter close
OIH+1.37%+2.09%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.

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.

CME backed industry group urges CFTC to block Kalshi oil futures plan Crypto News

Source: Crypto News

Taiwan Strait

CompanyWhenMoveStatus
COPthree days earlier+0.19%final price
COPfive days earlier+0.58%final price
CVXthree days earlier-0.41%final price
CVXfive days earlier-0.70%final price
MPCthree days earlier+3.35%final price
MPCfive days earlier+4.10%final price
OIHthree days earlier+2.09%final price
OIHfive days earlier+1.37%final price
OXYthree days earlier+0.70%final price
OXYfive days earlier-0.16%final price
USOthree days earlier-1.11%final price
USOfive days earlier-0.46%final price
VLOthree days earlier+1.77%final price
VLOfive days earlier+4.31%final price
XLEthree days earlier+0.55%final price
XLEfive days earlier+0.97%final price
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price
XOPthree days earlier+1.64%final price
XOPfive days earlier+1.81%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).

Where this story sits: Taiwan Strait

Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “CME backed industry group urges CFTC to block Kalshi oil futures plan.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“CME backed industry group urges CFTC to block Kalshi oil futures plan” scores 12 out of 100. The score uses 1 sources.