Oil prices rise more than 1% as supply concerns linger
Published . Updated .
Oct 23 (Reuters) - Oil prices rose over 1% on Friday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the Middle East.
Directly affected
- No company is named in this report.
Indirectly affected
- ZIM ZIM Integrated Shipping-1.9%
Container lines are exposed when a shipping lane is disrupted
- MATX Matson-5.7%
Container lines are exposed when a shipping lane is disrupted
- DAC Danaos+2.6%
Ship owners earn more when vessels are tied up longer
- GSL Global Ship Lease-8.6%
Ship owners earn more when vessels are tied up longer
- SBLK Star Bulk Carriers-6.6%
Dry-bulk carriers move with commodity shipping demand
- GOGL Golden Ocean
Dry-bulk carriers move with commodity shipping demand
- XOM Exxon Mobil+7.9%
Oil producers earn more when crude prices rise
- CVX Chevron+6.6%
Oil producers earn more when crude prices rise
- FRO Frontline+1.5%
Longer voyages raise tanker earnings when ships avoid the Red Sea
- XLE Energy Select Sector SPDR+4.9%
Energy prices move when a shipping lane is disrupted
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ZIMNo price data for this ticker | — | — | — | — | — | — | — |
| MATXNo price data for this ticker | — | — | — | — | — | — | — |
| DACNo price data for this ticker | — | — | — | — | — | — | — |
| GSLNo price data for this ticker | — | — | — | — | — | — | — |
| SBLKNo price data for this ticker | — | — | — | — | — | — | — |
| GOGLNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | +0.46% | -0.17% | base | after close | after close | after close | after close |
| CVX | -0.70% | -0.41% | base | after close | after close | after close | after close |
| FRONo price data for this ticker | — | — | — | — | — | — | — |
| XLE | +0.97% | +0.55% | base | after close | after close | after close | after 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
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Oil prices rise more than 1% as supply concerns linger Central Oregon Daily
Source: Central Oregon Daily
Middle East
| Company | When | Move | Status |
|---|---|---|---|
| COP | three days earlier | +0.19% | final price |
| COP | five days earlier | +0.58% | final price |
| CVX | three days earlier | -0.41% | final price |
| CVX | five days earlier | -0.70% | final price |
| MPC | three days earlier | +3.35% | final price |
| MPC | five days earlier | +4.10% | final price |
| OIH | three days earlier | +2.09% | final price |
| OIH | five days earlier | +1.37% | final price |
| OXY | three days earlier | +0.70% | final price |
| OXY | five days earlier | -0.16% | final price |
| USO | three days earlier | -1.11% | final price |
| USO | five days earlier | -0.46% | final price |
| VLO | three days earlier | +1.77% | final price |
| VLO | five days earlier | +4.31% | final price |
| XLE | three days earlier | +0.55% | final price |
| XLE | five days earlier | +0.97% | final price |
| XOM | three days earlier | -0.17% | final price |
| XOM | five days earlier | +0.46% | final price |
| XOP | three days earlier | +1.64% | final price |
| XOP | five days earlier | +1.81% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 53 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 84 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 51 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Chevron (CVX), worth $15,001 - $50,000 on 31 Jul 2026. That is 84 days before publication. Filed 22 Sep 2026. View the filing.
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).
Where “Oil prices rise more than 1% as supply concerns linger” sits: Middle East
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How solid the energy case looks
12 out of 100
“Oil prices rise more than 1% as supply concerns linger” scores 12 out of 100. The score uses 1 sources.