Geopolitics Alpha

Crude Futures Post Back-to-Back Weekly Losses

Published . Updated .

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ENERGYCrude Futures Post Back-to-BackWeekly LossesGEOPOLITICS ALPHA

This report is about oil. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): 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-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.

  • 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+4.7% 30d

    Chevron (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.

  • OXY Occidental Petroleum+10.3% 18d

    Occidental Petroleum (crude petroleum and natural gas): 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-2.03%-2.82%baseafter closeafter closeafter closeafter close
XLE-4.57%-2.42%baseafter closeafter closeafter closeafter close
XOM-3.42%-2.31%baseafter closeafter closeafter closeafter close
CVX-4.09%-2.99%baseafter closeafter closeafter closeafter close
SHEL-0.22%-1.24%baseafter closeafter closeafter closeafter close
OXY-5.04%-2.71%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.

Crude Futures Post Back-to-Back Weekly Losses WSJ

Source: The Wall Street Journal

Energy

CompanyWhenMoveStatus
CVXthree days earlier-2.99%final price
CVXfive days earlier-4.09%final price
OXYthree days earlier-2.71%final price
OXYfive days earlier-5.04%final price
SHELthree days earlier-1.24%final price
SHELfive days earlier-0.22%final price
USOthree days earlier-2.82%final price
USOfive days earlier-2.03%final price
XLEthree days earlier-2.42%final price
XLEfive days earlier-4.57%final price
XOMthree days earlier-2.31%final price
XOMfive days earlier-3.42%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 “Crude Futures Post Back-to-Back Weekly Losses” looks

12 out of 100

“Crude Futures Post Back-to-Back Weekly Losses” scores 12 out of 100. The score uses 1 sources.