Geopolitics Alpha

Oil Falls as Traders Weigh Middle East Risks

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ENERGY · MIDDLE EASTOil Falls as Traders Weigh MiddleEast RisksGEOPOLITICS ALPHA

This report is about oil and tanker shipping. 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+4.8% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • BWET Breakwave Tanker Shipping ETF+38.2% 18d

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

  • FRO Frontline+0.2% 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.

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • CVX Chevron+7.9% 30d

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

  • INSW International Seaways+1.3% 8d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.52%-0.26%baseafter closeafter closeafter closeafter close
XLE-1.29%+1.72%baseafter closeafter closeafter closeafter close
BWETNo price data for this ticker———————
FRONo price data for this ticker———————
XOM-2.14%+1.35%baseafter closeafter closeafter closeafter close
CVX-1.18%+1.19%baseafter closeafter closeafter closeafter close
DHTNo price data for this ticker———————
INSWNo 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.

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Oil Falls as Traders Weigh Middle East Risks WSJ

Source: The Wall Street Journal

Middle East

CompanyWhenMoveStatus
CVXthree days earlier+1.19%final price
CVXfive days earlier-1.18%final price
USOthree days earlier-0.26%final price
USOfive days earlier-2.52%final price
XLEthree days earlier+1.72%final price
XLEfive days earlier-1.29%final price
XOMthree days earlier+1.35%final price
XOMfive days earlier-2.14%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).

Where this story sits: Middle East

Middle East

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12 out of 100

“Oil Falls as Traders Weigh Middle East Risks” scores 12 out of 100. The score uses 1 sources.