Geopolitics Alpha

EU softens Arctic oil stance in draft strategy as Norway expands Barents licensing

Published . Updated .

EU softens Arctic oil stance in draft strategy as Norway expands Barents licensing World Oil

Directly affected

  • MSTR Strategy

    Named in this report.

Indirectly affected

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips

    Oil producers earn more when crude prices rise

  • VLO Valero

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR

    A fund of energy companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • OIH VanEck Oil Services

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MSTR———————
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

EU softens Arctic oil stance in draft strategy as Norway expands Barents licensing World Oil

Source: World Oil

The Arctic count beside this story

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How solid the energy case looks

12 out of 100

“EU softens Arctic oil stance in draft strategy as Norway expands Barents licensing” scores 12 out of 100. The score uses 1 sources.