Geopolitics Alpha

Oil prices increase as attacks on shipping ramp up

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ENERGYOil prices increase as attacks onshipping ramp upGEOPOLITICS ALPHA

This report is about oil and container shipping. Names like XOM 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+8.9% 30d

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

  • XLE Energy Select Sector SPDR+8.9% 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 shipping freight. Linked by “shipping” (container shipping) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

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

  • CVX Chevron+12.5% 30d

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

  • COP ConocoPhillips+4.8% 30d

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

  • SHEL Shell-2.5% 12d

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

  • ZIM ZIM Integrated Shipping Services+1.3% 30d

    ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container 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%-6.80%after closeafter close
XLE+0.88%-0.71%base+1.87%-2.12%after closeafter close
BWET-4.39%-4.27%base+0.00%-2.78%after closeafter close
XOM+0.03%-1.79%base+2.24%-1.85%after closeafter close
CVX+0.78%-1.37%base+1.82%-1.43%after closeafter close
COP+0.55%-1.36%base+2.70%-1.67%after closeafter close
SHEL+0.46%-2.69%base+0.97%-2.53%after closeafter close
ZIM+0.38%+1.68%base-3.22%-3.03%after 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 prices increase as attacks on shipping ramp up Transport Topics

Source: Transport Topics

Energy

CompanyWhenMoveStatus
BWETthat day0.00%final price
BWETthe next day-2.78%final price
BWETthree days earlier-4.27%final price
BWETfive days earlier-4.39%final price
COPthat day+2.70%final price
COPthe next day-1.67%final price
COPthree days earlier-1.36%final price
COPfive days earlier+0.55%final price
CVXthat day+1.82%final price
CVXthe next day-1.43%final price
CVXthree days earlier-1.37%final price
CVXfive days earlier+0.78%final price
SHELthat day+0.97%final price
SHELthe next day-2.53%final price
SHELthree days earlier-2.69%final price
SHELfive days earlier+0.46%final price
USOthat day+0.39%final price
USOthe next day-6.80%final price
USOthree days earlier-2.73%final price
USOfive days earlier+0.80%final price
XLEthat day+1.87%final price
XLEthe next day-2.12%final price
XLEthree days earlier-0.71%final price
XLEfive days earlier+0.88%final price
XOMthat day+2.24%final price
XOMthe next day-1.85%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%final price
ZIMthat day-3.22%final price
ZIMthe next day-3.03%final price
ZIMthree days earlier+1.68%final price
ZIMfive days earlier+0.38%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 “Oil prices increase as attacks on shipping ramp up” looks

12 out of 100

“Oil prices increase as attacks on shipping ramp up” scores 12 out of 100. The score uses 1 sources.