Geopolitics Alpha

Indian stocks set for pullback after sharp rally on oil slide, foreign inflows

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ENERGYIndian stocks set for pullbackafter sharp rally on oil slide,foreign inflowsGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-5.0% 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.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • INDA iShares MSCI India ETF-4.1% 16d

    iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).

  • FRO Frontline+1.0% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) 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+5.5% 30d

    Chevron (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+13.96%+6.75%baseafter closeafter closeafter closeafter close
XLE+13.47%+8.12%baseafter closeafter closeafter closeafter close
BWET+38.94%+24.54%baseafter closeafter closeafter closeafter close
INDA-4.71%-2.79%baseafter closeafter closeafter closeafter close
FRO+27.38%+17.44%baseafter closeafter closeafter closeafter close
DHT+22.29%+17.01%baseafter closeafter closeafter closeafter close
XOM+13.27%+7.37%baseafter closeafter closeafter closeafter close
CVX+10.62%+5.78%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.

Indian stocks set for pullback after sharp rally on oil slide, foreign inflows Reuters

Source: Reuters

Energy

CompanyWhenMoveStatus
BWETthree days earlier+24.54%final price
BWETfive days earlier+38.94%final price
CVXthree days earlier+5.78%final price
CVXfive days earlier+10.62%final price
DHTthree days earlier+17.01%final price
DHTfive days earlier+22.29%final price
FROthree days earlier+17.44%final price
FROfive days earlier+27.38%final price
INDAthree days earlier-2.79%final price
INDAfive days earlier-4.71%final price
USOthree days earlier+6.75%final price
USOfive days earlier+13.96%final price
XLEthree days earlier+8.12%final price
XLEfive days earlier+13.47%final price
XOMthree days earlier+7.37%final price
XOMfive days earlier+13.27%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

“Indian stocks set for pullback after sharp rally on oil slide, foreign inflows” scores 12 out of 100. The score uses 1 sources.