Geopolitics Alpha

Fuel Disruptions in Russia Create Opening for Kazakhstan, but Refineries Aren’t Enough

Published . Updated .

GEOPOLITICS ALPHAFuel Disruptions in Russia CreateOpening for Kazakhstan, butRefineries Aren’t EnoughGEOPOLITICS ALPHA

This report is about refining and emerging markets. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.

  • EEM iShares MSCI Emerging Markets ETF-0.3% 30d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“kazakhstan”).

  • XOM ExxonMobil Holdings+11.8% 12d

    ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • VLO Valero Energy+11.5% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • MPC Marathon Petroleum+10.2% 7d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

  • PSX Phillips 66+14.5% 30d

    Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRAKNo price data for this ticker———————
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
EEMNo price data for this ticker———————
XOM-3.61%-3.44%baseafter closeafter closeafter closeafter close
VLONo price data for this ticker———————
MPCNo price data for this ticker———————
PSXNo price data for this ticker———————

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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Fuel Disruptions in Russia Create Opening for Kazakhstan, but Refineries Aren’t Enough The Astana Times

Source: The Astana Times

This story

CompanyWhenMoveStatus
XLEthree days earlier-2.96%final price
XLEfive days earlier-2.42%final price
XOMthree days earlier-3.44%final price
XOMfive days earlier-3.61%final price

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This story

12 out of 100

“Fuel Disruptions in Russia Create Opening for Kazakhstan, but Refineries Aren’t Enough” scores 12 out of 100. The score uses 1 sources.