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Crude: Benchmarks lower despite late-week recovery, talks falter

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Crude: Benchmarks lower despite late-week recovery, talks falter

Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

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

  • XLE Energy Select Sector SPDR+7.5% 30d

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

  • MOO VanEck Agribusiness ETF-1.1% 30d

    VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “ammonia” (fertilizer) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+2.9% 30d

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

  • COP ConocoPhillips+6.5% 30d

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

  • SHEL Shell+0.8% 7d

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

  • NTR Nutrien-4.0% 30d

    Nutrien (agricultural chemicals): fertilizer makers move with crop-nutrient prices. Linked by “ammonia” (fertilizer) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+1.59%-3.20%baseafter closeafter closeafter closeafter close
XLE-4.15%-3.23%baseafter closeafter closeafter closeafter close
MOOPrices arriving within minutes———after closeafter closeafter closeafter close
XOM-2.28%-3.14%baseafter closeafter closeafter closeafter close
CVX-1.78%-2.44%baseafter closeafter closeafter closeafter close
COPPrices arriving within minutes———after closeafter closeafter closeafter close
SHEL+0.54%-1.30%baseafter closeafter closeafter closeafter close
NTRPrices arriving within minutes———after 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.

Crude: Benchmarks lower despite late-week recovery, talks falter Quantum Commodity Intelligence

Source: Quantum Commodity Intelligence

Energy

CompanyWhenMoveStatus
CVXthree days earlier-2.44%final price
CVXfive days earlier-1.78%final price
SHELthree days earlier-1.30%final price
SHELfive days earlier+0.54%final price
USOthree days earlier-3.20%final price
USOfive days earlier+1.59%final price
XLEthree days earlier-3.23%final price
XLEfive days earlier-4.15%final price
XOMthree days earlier-3.14%final price
XOMfive days earlier-2.28%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

“Crude: Benchmarks lower despite late-week recovery, talks falter” scores 12 out of 100. The score uses 1 sources.