Geopolitics Alpha

Oil Falls Below $100 As Chance Of Renewed Iran Strikes Dips

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ENERGYOil Falls Below $100 As Chance OfRenewed Iran Strikes DipsGEOPOLITICS 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-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 “iran” (tanker shipping) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d

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

  • 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 “iran” (tanker shipping) 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.

  • 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 “iran” (tanker shipping) 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
ITA+2.67%+5.93%baseafter closeafter closeafter closeafter close
XOM+13.27%+7.37%baseafter closeafter closeafter closeafter close
FRO+27.38%+17.44%baseafter closeafter closeafter closeafter close
CVX+10.62%+5.78%baseafter closeafter closeafter closeafter close
DHT+22.29%+17.01%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.

Oil Falls Below $100 As Chance Of Renewed Iran Strikes Dips MarketForces Africa

Source: MarketForces Africa

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
ITAthree days earlier+5.93%final price
ITAfive days earlier+2.67%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

“Oil Falls Below $100 As Chance Of Renewed Iran Strikes Dips” scores 12 out of 100. The score uses 1 sources.