Geopolitics Alpha

Fed could hike rates by 50 basis points as oil surges, says market expert

Published . Updated .

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ENERGYFed could hike rates by 50 basispoints as oil surges, says marketexpertGEOPOLITICS ALPHA

This report is about oil and US interest rates. 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-1.1% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • TLT iShares 20+ Year Treasury Bond ETF-1.2% 19d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • JPM JPMorgan Chase+0.1% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-11.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+3.3% 30d

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

  • COP ConocoPhillips+4.8% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.74%+0.82%baseafter closeafter closeafter closeafter close
XLE-2.64%-2.21%baseafter closeafter closeafter closeafter close
TLT+1.21%+1.27%baseafter closeafter closeafter closeafter close
JPM-1.72%-0.42%baseafter closeafter closeafter closeafter close
BAC-1.69%-0.16%baseafter closeafter closeafter closeafter close
XOM-0.81%-1.14%baseafter closeafter closeafter closeafter close
CVX-0.13%-1.13%baseafter closeafter closeafter closeafter close
COP-1.64%-2.34%baseafter 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.

Fed could hike rates by 50 basis points as oil surges, says market expert Reuters

Source: Reuters

Energy

CompanyWhenMoveStatus
BACthree days earlier-0.16%final price
BACfive days earlier-1.69%final price
COPthree days earlier-2.34%final price
COPfive days earlier-1.64%final price
CVXthree days earlier-1.13%final price
CVXfive days earlier-0.13%final price
JPMthree days earlier-0.42%final price
JPMfive days earlier-1.72%final price
TLTthree days earlier+1.27%final price
TLTfive days earlier+1.21%final price
USOthree days earlier+0.82%final price
USOfive days earlier+4.74%final price
XLEthree days earlier-2.21%final price
XLEfive days earlier-2.64%final price
XOMthree days earlier-1.14%final price
XOMfive days earlier-0.81%final price

Congressional trades 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

12 out of 100

“Fed could hike rates by 50 basis points as oil surges, says market expert” scores 12 out of 100. The score uses 1 sources.