Geopolitics Alpha

Crude Oil Prices Fall Back As Iran Holds Regional Security Meeting

Published . Updated .

ENERGYCrude Oil Prices Fall Back As IranHolds Regional Security MeetingGEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+4.8% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • BWET Breakwave Tanker Shipping ETF+54.8% 19d

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

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • CVX Chevron+7.9% 30d

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

  • COP ConocoPhillips+8.3% 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+0.2% 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-5.13%-5.78%base-1.59%-3.69%-1.68%after close
XLE-2.19%-1.69%base+0.30%-1.51%-1.32%after close
BWETNo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%-1.64%-1.12%after close
CVX-3.75%-2.77%base-0.65%-2.02%-1.65%after close
COPNo price data for this ticker———————
SHELNo price data for this ticker———————
FRO-4.16%-3.04%base+4.35%+1.67%+7.18%after 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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Crude Oil Prices Fall Back As Iran Holds Regional Security Meeting Barchart.com

Source: Barchart.com

Energy

CompanyWhenMoveStatus
CVXthat day-0.65%final price
CVXthe next day-2.02%final price
CVXtwo days later-1.65%still updating
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
FROthat day+4.35%final price
FROthe next day+1.67%final price
FROtwo days later+7.18%still updating
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
USOthat day-1.59%final price
USOthe next day-3.69%final price
USOtwo days later-1.68%still updating
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthe next day-1.51%final price
XLEtwo days later-1.32%still updating
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day-1.64%final price
XOMtwo days later-1.12%still updating
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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

25 out of 100Price not final

“Crude Oil Prices Fall Back As Iran Holds Regional Security Meeting” scores 25 out of 100. The score uses 2 sources. The price is not final yet.