Geopolitics Alpha

EU weakens call for ban on Arctic oil and gas drilling

Published . Updated .

EU weakens call for ban on Arctic oil and gas drilling S&P Global

Directly affected

  • SPGI S&P Global

    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
SPGI———————
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

EU weakens call for ban on Arctic oil and gas drilling S&P Global

Source: S&P Global

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How solid “EU weakens call for ban on Arctic oil and gas drilling” looks

12 out of 100

“EU weakens call for ban on Arctic oil and gas drilling” scores 12 out of 100. The score uses 1 sources.