Geopolitics Alpha

Gold steadies near 3-mth low as elevated oil prices weigh; Fed meet eyed

Published . Updated .

ENERGYGold steadies near 3-mth low aselevated oil prices weigh; Fedmeet eyedGEOPOLITICS ALPHA

This report is about oil and gold. 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+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 30d

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

  • GLD SPDR Gold Shares-3.3% 30d

    SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

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

  • XOM ExxonMobil Holdings+11.8% 12d

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

  • CVX Chevron+6.5% 30d

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

  • COP ConocoPhillips+12.1% 30d

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

  • SHEL Shell+0.1% 13d

    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-5.13%-5.78%base-1.59%-3.69%after closeafter close
XLE-2.19%-1.69%base+0.30%-1.51%after closeafter close
GLDNo price data for this ticker———————
TLTNo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%-1.64%after closeafter close
CVX-3.75%-2.77%base-0.65%-2.02%after closeafter close
COP-3.70%-3.40%base+0.31%-1.82%after closeafter close
SHELNo 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.

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.

Gold steadies near 3-mth low as elevated oil prices weigh; Fed meet eyed Investing.com

Source: Investing.com

Energy

CompanyWhenMoveStatus
COPthat day+0.31%final price
COPthe next day-1.82%final price
COPthree days earlier-3.40%final price
COPfive days earlier-3.70%final price
CVXthat day-0.65%final price
CVXthe next day-2.02%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
USOthat day-1.59%final price
USOthe next day-3.69%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthe next day-1.51%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day-1.64%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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 the energy case looks

12 out of 100

“Gold steadies near 3-mth low as elevated oil prices weigh; Fed meet eyed” scores 12 out of 100. The score uses 1 sources.