Geopolitics Alpha

Exxon just showed why gas prices didn’t fall with oil

Published . Updated .

Exxon just showed why gas prices didn’t fall with oil TheStreet

Directly affected

  • XOM ExxonMobil Holdings

    Named in this report.

Indirectly affected

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

Exxon just showed why gas prices didn’t fall with oil TheStreet

Source: TheStreet

How solid “Exxon just showed why gas prices didn’t fall with oil” looks

12 out of 100

“Exxon just showed why gas prices didn’t fall with oil” scores 12 out of 100. The score uses 1 sources.