Geopolitics Alpha

Energy experts predict high gas prices will stick around

Published . Updated .

Covered by 2 outlets: WMTW, WDSU.

Energy experts predict high gas prices will stick around

This week, oil prices reached a five-month high as attacks on Saudi refineries and disruptions in the Strait of Hormuz continue.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+1.4%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways-1.4%

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund+4.9%

    Tracks U.S. crude prices when Gulf supply is at risk

  • XLE Energy Select Sector SPDR+3.8%

    Energy companies move with a Gulf supply scare

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+5.9%

    Oil producers earn more when crude prices rise

  • STNG Scorpio Tankers

    Tanker operators earn more when freight rates spike

  • DAL Delta Air Lines-0.8%

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FROPrices arriving within minutes———after closeafter closeafter closeafter close
INSWPrices arriving within minutes———after closeafter closeafter closeafter close
DHTPrices arriving within minutes———after closeafter closeafter closeafter close
TNKPrices arriving within minutes———after closeafter closeafter closeafter close
USO-5.13%-5.78%baseafter closeafter closeafter closeafter close
XLE-2.19%-1.69%baseafter closeafter closeafter closeafter close
XOM-2.72%-2.80%baseafter closeafter closeafter closeafter close
CVX-3.75%-2.77%baseafter closeafter closeafter closeafter close
STNGPrices arriving within minutes———after closeafter closeafter closeafter close
DALPrices 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.

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Energy experts predict high gas prices will stick around WMTW

Source: WMTW

Strait of Hormuz

CompanyWhenMoveStatus
COPthree days earlier-3.40%final price
COPfive days earlier-3.70%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
MPCthree days earlier+2.58%final price
MPCfive days earlier+3.75%final price
OIHthree days earlier-0.91%final price
OIHfive days earlier-3.02%final price
OXYthree days earlier-2.27%final price
OXYfive days earlier-2.23%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
VLOthree days earlier+4.13%final price
VLOfive days earlier+3.31%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price
XOPthree days earlier-1.32%final price
XOPfive days earlier-1.09%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).

Strait of Hormuz on the map for this story

Strait of Hormuz has 256 linked stories in the last 7 days and 256 in the last 30 on the page that also carries “Energy experts predict high gas prices will stick around.” The recent pace is rising.

How solid “Energy experts predict high gas prices will stick around” looks

25 out of 100

“Energy experts predict high gas prices will stick around” scores 25 out of 100. The score uses 2 sources.