Geopolitics Alpha

Global Stocks Strengthen as Oil Dips Below $90 a Barrel

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

ENERGYGlobal Stocks Strengthen as OilDips Below $90 a BarrelGEOPOLITICS ALPHA

This report is about oil. 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.

  • 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+3.0% 30d

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

  • COP ConocoPhillips+5.4% 19d

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

  • SHEL Shell+2.7% 10d

    Shell (crude petroleum and natural gas): 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+10.89%+3.88%baseafter closeafter closeafter closeafter close
XLE+7.65%-0.44%baseafter closeafter closeafter closeafter close
XOM+7.73%+0.33%baseafter closeafter closeafter closeafter close
CVX+6.86%+1.02%baseafter closeafter closeafter closeafter close
COP+7.34%+0.71%baseafter closeafter closeafter closeafter close
SHEL+5.41%+1.27%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.

Global Stocks Strengthen as Oil Dips Below $90 a Barrel WSJ

Source: The Wall Street Journal

Energy

CompanyWhenMoveStatus
COPthree days earlier+0.71%final price
COPfive days earlier+7.34%final price
CVXthree days earlier+1.02%final price
CVXfive days earlier+6.86%final price
SHELthree days earlier+1.27%final price
SHELfive days earlier+5.41%final price
USOthree days earlier+3.88%final price
USOfive days earlier+10.89%final price
XLEthree days earlier-0.44%final price
XLEfive days earlier+7.65%final price
XOMthree days earlier+0.33%final price
XOMfive days earlier+7.73%final price

Trades by members of Congress and officials 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 “Global Stocks Strengthen as Oil Dips Below $90 a Barrel” looks

12 out of 100

“Global Stocks Strengthen as Oil Dips Below $90 a Barrel” scores 12 out of 100. The score uses 1 sources.