Geopolitics Alpha

Oil Prices Rise Despite Middle East Export Recovery

Published . Updated .

Covered by 2 outlets: Crude Oil Prices Today | OilPrice.com, Yahoo Finance.

Who covered it: Center 1 · Not rated 1. How we rate outlets

ENERGY · MIDDLE EASTOil Prices Rise Despite MiddleEast Export RecoveryGEOPOLITICS ALPHA

This report is about oil and tanker 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+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.

  • BWET Breakwave Tanker Shipping ETF+70.4% 19d

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

  • 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+12.1% 30d

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

  • SHEL Shell+0.1% 13d

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

  • FRO Frontline+7.1% 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-5.13%-5.78%base-1.59%-3.64%after closeafter close
XLE-2.19%-1.69%base+0.30%-1.42%after closeafter close
BWETNo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%-1.33%after closeafter close
CVX-3.75%-2.77%base-0.65%-1.90%after closeafter close
COP-3.70%-3.40%base+0.31%-1.90%after closeafter close
SHELNo price data for this ticker———————
FRO-4.16%-3.04%base——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.

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 Despite Middle East Export Recovery Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

Middle East

CompanyWhenMoveStatus
COPthat day+0.31%final price
COPthe next day-1.90%still updating
COPthree days earlier-3.40%final price
COPfive days earlier-3.70%final price
CVXthat day-0.65%final price
CVXthe next day-1.90%still updating
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
USOthat day-1.59%final price
USOthe next day-3.64%still updating
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthe next day-1.42%still updating
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day-1.33%still updating
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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).

Middle East, seven days against thirty

Middle East

Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Oil Prices Rise Despite Middle East Export Recovery” is tagged to Middle East.

How solid “Oil Prices Rise Despite Middle East Export Recovery” looks

25 out of 100Price not final

“Oil Prices Rise Despite Middle East Export Recovery” scores 25 out of 100. The score uses 2 sources. The price is not final yet.