Geopolitics Alpha

Collapsing Currency, Soaring Inflation and No Oil Exports. The Treasury Department Says Economic Pressure on Iran Works.

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ENERGYCollapsing Currency, SoaringInflation and No Oil Exports. TheTreasury Department Says Economic…GEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like FRO typically gain because 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.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+9.3% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

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

  • XOM ExxonMobil Holdings+10.9% 15d

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

  • CVX Chevron+10.5% 30d

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

  • COP ConocoPhillips+7.7% 30d

    ConocoPhillips (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.

  • FRO Frontline+10.0% 30d

    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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-1.54%-1.29%baseafter closeafter closeafter closeafter close
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
BWETPrices arriving within minutes———after closeafter closeafter closeafter close
XOM-1.45%-2.77%baseafter closeafter closeafter closeafter close
CVX-1.54%-2.69%baseafter closeafter closeafter closeafter close
COPPrices arriving within minutes———after closeafter closeafter closeafter close
SHELPrices arriving within minutes———after closeafter closeafter closeafter close
FRO-2.94%-2.39%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

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Collapsing Currency, Soaring Inflation and No Oil Exports. The Treasury Department Says Economic Pressure on Iran Works. Yahoo

Source: Yahoo

Energy

CompanyWhenMoveStatus
CVXthree days earlier-2.69%final price
CVXfive days earlier-1.54%final price
FROthree days earlier-2.39%final price
FROfive days earlier-2.94%final price
USOthree days earlier-1.29%final price
USOfive days earlier-1.54%final price
XLEthree days earlier-2.20%final price
XLEfive days earlier-0.51%final price
XOMthree days earlier-2.77%final price
XOMfive days earlier-1.45%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).

How solid the energy case looks

12 out of 100

“Collapsing Currency, Soaring Inflation and No Oil Exports. The Treasury Department Says Economic Pressure on Iran Works.” scores 12 out of 100. The score uses 1 sources.