Geopolitics Alpha

Israel sanctions Lebanese oil company Coral, which denies supplying fuel to Hezbollah-linked distributor

Published . Updated .

ENERGYIsrael sanctions Lebanese oilcompany Coral, which deniessupplying fuel to Hezbollah-linke…GEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like CVX and OXY typically gain because chevron (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+8.2% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

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

  • ITA iShares U.S. Aerospace & Defense ETF-6.7% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “hezbollah” (defense) in this story.

  • EIS iShares MSCI Israel ETF-1.2% 13d

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

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • FRO Frontline+4.7% 30d

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

  • CVX Chevron+9.9% 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-5.13%-5.78%base-1.59%after closeafter closeafter close
XLE-2.19%-1.69%base+0.30%after closeafter closeafter close
BWETNo price data for this ticker———————
ITANo price data for this ticker———————
EISNo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%after closeafter closeafter close
FRONo price data for this ticker———————
CVX-3.75%-2.77%base-0.65%after 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.

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.

Israel sanctions Lebanese oil company Coral, which denies supplying fuel to Hezbollah-linked distributor L'Orient Today

Source: L'Orient Today

Energy

CompanyWhenMoveStatus
CVXthat day-0.65%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
USOthat day-1.59%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%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

“Israel sanctions Lebanese oil company Coral, which denies supplying fuel to Hezbollah-linked distributor” scores 12 out of 100. The score uses 1 sources.