Geopolitics Alpha

Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran

Published . Updated .

ENERGYOil jumps 2%, settles at 6-monthhighs on fears of escalation inIranGEOPOLITICS 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+9.3% 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+25.1% 18d

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

  • XOM ExxonMobil Holdings+10.9% 15d

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

  • CVX Chevron+10.5% 30d

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

  • FRO Frontline+10.0% 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.

  • COP ConocoPhillips+7.7% 30d

    ConocoPhillips (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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+0.80%-2.73%base+0.39%after closeafter closeafter close
XLE+0.88%-0.71%base+1.87%after closeafter closeafter close
BWETNo price data for this ticker———————
XOM+0.03%-1.79%base+2.24%after closeafter closeafter close
CVX+0.78%-1.37%base+1.82%after closeafter closeafter close
FRO-6.45%-4.89%base+0.49%after closeafter closeafter close
COPNo price data for this ticker———————
DHT-2.07%-3.81%base-0.54%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.

Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran Central Oregon Daily

Source: Central Oregon Daily

Energy

CompanyWhenMoveStatus
CVXthat day+1.82%final price
CVXthree days earlier-1.37%final price
CVXfive days earlier+0.78%final price
DHTthat day-0.54%final price
DHTthree days earlier-3.81%final price
DHTfive days earlier-2.07%final price
FROthat day+0.49%final price
FROthree days earlier-4.89%final price
FROfive days earlier-6.45%final price
USOthat day+0.39%final price
USOthree days earlier-2.73%final price
USOfive days earlier+0.80%final price
XLEthat day+1.87%final price
XLEthree days earlier-0.71%final price
XLEfive days earlier+0.88%final price
XOMthat day+2.24%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%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

“Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran” scores 12 out of 100. The score uses 1 sources.