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Inflation Shakes Fed Outlook Crude Oil Surges, Sanders Targets Oil Companies and More: This Week in Economy

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Covered by 2 outlets: Benzinga, TradingView.

Inflation Shakes Fed Outlook Crude Oil Surges, Sanders Targets Oil Companies and More: This Week in Economy

Markets faced a sharp change in tone as inflation data challenged Fed expectations and energy costs kept pressure on households. Here are five stories that shaped the weekend conversation.Hotter Inflation Shakes Up The Fed OutlookA hotter-than-expected September consumer price

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+7.3%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

Market Call

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Inflation Shakes Fed Outlook Crude Oil Surges, Sanders Targets Oil Companies and More: This Week in Economy Benzinga

Source: Benzinga

Energy

SPY
XLE

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How solid the energy case looks

25 out of 100

“Inflation Shakes Fed Outlook Crude Oil Surges, Sanders Targets Oil Companies and More: This Week in Economy” scores 25 out of 100. The score uses 2 sources.