Oil prices slide as sanctions relief on Russian crude raises hopes of increased supply
Published . Updated .
Oil prices slide as sanctions relief on Russian crude raises hopes of increased supply CNBC Africa
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- XLE Energy Select Sector SPDR
Energy prices move when Russian supply is at risk
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- USO United States Oil Fund
This fund moves with oil prices
- XOM Exxon Mobil
Oil producers move when sanctioned barrels leave the market
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
Price reaction, T-5 to T+3
Oil prices slide as sanctions relief on Russian crude raises hopes of increased supply CNBC Africa
Source: CNBC Africa
How solid the energy case looks
25 out of 100
“Oil prices slide as sanctions relief on Russian crude raises hopes of increased supply” scores 25 out of 100. The score uses 2 sources.