Geopolitics Alpha

Oil prices rise after attack on Saudi Arabian refinery reignites supply concerns By Reuters

Published . Updated .

ENERGYOil prices rise after attack onSaudi Arabian refinery reignitessupply concerns By ReutersGEOPOLITICS ALPHA

This report is about oil and refining. 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+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 30d

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

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • BWET Breakwave Tanker Shipping ETF+61.1% 18d

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

  • KSA iShares MSCI Saudi Arabia ETF-9.1% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings+11.8% 12d

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

  • CVX Chevron+6.5% 30d

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

  • COP ConocoPhillips+10.8% 30d

    ConocoPhillips (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-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
CRAKNo price data for this ticker———————
BWETNo price data for this ticker———————
KSANo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
COP-1.53%+1.93%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.

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 prices rise after attack on Saudi Arabian refinery reignites supply concerns By Reuters Investing.com

Source: Investing.com

Energy

CompanyWhenMoveStatus
COPthree days earlier+1.93%final price
COPfive days earlier-1.53%final price
CVXthree days earlier+2.17%final price
CVXfive days earlier-0.66%final price
USOthree days earlier+3.62%final price
USOfive days earlier-2.37%final price
XLEthree days earlier+1.60%final price
XLEfive days earlier-0.12%final price
XOMthree days earlier+1.85%final price
XOMfive days earlier-1.00%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 prices rise after attack on Saudi Arabian refinery reignites supply concerns By Reuters” scores 12 out of 100. The score uses 1 sources.