Geopolitics Alpha

Crude Fluctuates as Iran Tensions Persist

Published . Updated .

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ENERGYCrude Fluctuates as Iran TensionsPersistGEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like OXY and XOM typically gain because occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund

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

  • XLE Energy Select Sector SPDR

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

  • BWET Breakwave Tanker Shipping ETF

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

  • ITA iShares U.S. Aerospace & Defense ETF

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.

  • FRO Frontline

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story.

  • SHEL Shell

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

  • OXY Occidental Petroleum

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

  • XOM ExxonMobil Holdings

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+1.59%-3.20%base-0.45%after closeafter closeafter close
XLE-4.15%-3.23%base+0.65%after closeafter closeafter close
BWET+16.99%-9.44%base+6.52%after closeafter closeafter close
ITA-3.72%+1.00%base-0.39%after closeafter closeafter close
FRO-2.89%-6.19%base+0.51%after closeafter closeafter close
SHEL+0.54%-1.30%base+0.31%after closeafter closeafter close
OXY-3.42%-2.60%base+0.46%after closeafter closeafter close
XOM-2.28%-3.14%base+0.10%after 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 Fluctuates as Iran Tensions Persist Rigzone

Source: Rigzone

Energy

CompanyWhenMoveStatus
BWETthat day+6.52%still updating
BWETthree days earlier-9.44%final price
BWETfive days earlier+16.99%final price
FROthat day+0.51%still updating
FROthree days earlier-6.19%final price
FROfive days earlier-2.89%final price
ITAthat day-0.39%still updating
ITAthree days earlier+1.00%final price
ITAfive days earlier-3.72%final price
OXYthat day+0.46%still updating
OXYthree days earlier-2.60%final price
OXYfive days earlier-3.42%final price
SHELthat day+0.31%still updating
SHELthree days earlier-1.30%final price
SHELfive days earlier+0.54%final price
USOthat day-0.45%still updating
USOthree days earlier-3.20%final price
USOfive days earlier+1.59%final price
XLEthat day+0.65%still updating
XLEthree days earlier-3.23%final price
XLEfive days earlier-4.15%final price
XOMthat day+0.10%still updating
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 100Price not final

“Crude Fluctuates as Iran Tensions Persist” scores 12 out of 100. The score uses 1 sources. The price is not final yet.