Geopolitics Alpha

Oil prices rise for the fourth consecutive month amid the war with Iran

Published . Updated .

ENERGYOil prices rise for the fourthconsecutive month amid the warwith IranGEOPOLITICS ALPHA

This report is about oil and defense. 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+7.3% 30d

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

  • XLE Energy Select Sector SPDR+6.2% 30d

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

  • ITA iShares U.S. Aerospace & Defense ETF-2.9% 30d

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

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

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

  • XOM ExxonMobil Holdings+10.3% 14d

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

  • CVX Chevron+8.4% 30d

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

  • 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+0.80%-2.73%baseafter closeafter closeafter closeafter close
XLE+0.88%-0.71%baseafter closeafter closeafter closeafter close
ITANo price data for this ticker———————
BWETNo price data for this ticker———————
XOM+0.03%-1.79%baseafter closeafter closeafter closeafter close
CVXNo price data for this ticker———————
COPNo price data for this ticker———————
SHELNo price data for this ticker———————

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

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Oil prices rise for the fourth consecutive month amid the war with Iran Українські Національні Новини (УНН)

Source: 블루밍비트

Energy

CompanyWhenMoveStatus
USOthree days earlier-2.73%final price
USOfive days earlier+0.80%final price
XLEthree days earlier-0.71%final price
XLEfive days earlier+0.88%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 prices rise for the fourth consecutive month amid the war with Iran” scores 12 out of 100. The score uses 1 sources.