Geopolitics Alpha

Oil Prices Rise on Worries of Middle East Conflict Escalation

Published . Updated .

ENERGY · MIDDLE EASTOil Prices Rise on Worries ofMiddle East Conflict EscalationGEOPOLITICS ALPHA

This report is about oil and tanker shipping. 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+9.3% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

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

  • ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d

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

  • XOM ExxonMobil Holdings+10.9% 15d

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

  • CVX Chevron+10.5% 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
USONo price data for this ticker———————
XLENo price data for this ticker———————
BWETNo price data for this ticker———————
ITA-0.22%-1.87%base+0.74%+4.01%+1.39%after close
XOM-1.00%+1.85%base+1.22%+1.40%+3.81%after close
CVX-0.66%+2.17%base+0.45%+1.38%+3.06%after close
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 on Worries of Middle East Conflict Escalation WSJ

Source: The Wall Street Journal

Middle East

CompanyWhenMoveStatus
CVXthat day+0.45%final price
CVXthe next day+1.38%final price
CVXtwo days later+3.06%still updating
CVXthree days earlier+2.17%final price
CVXfive days earlier-0.66%final price
ITAthat day+0.74%final price
ITAthe next day+4.01%final price
ITAtwo days later+1.39%still updating
ITAthree days earlier-1.87%final price
ITAfive days earlier-0.22%final price
XOMthat day+1.22%final price
XOMthe next day+1.40%final price
XOMtwo days later+3.81%still updating
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).

Middle East on the map for this story

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 on Worries of Middle East Conflict Escalation” is tagged to Middle East.

How solid the energy case looks

12 out of 100Price not final

“Oil Prices Rise on Worries of Middle East Conflict Escalation” scores 12 out of 100. The score uses 1 sources. The price is not final yet.