Geopolitics Alpha

On This Day: OAPEC announces oil embargo, sparks energy crisis

Published . Updated .

ENERGYOn This Day: OAPEC announces oilembargo, sparks energy crisisGEOPOLITICS ALPHA

This report is about Sanctions and Energy. Names like OXY and COP typically gain because oil producers earn more when crude prices rise.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLE Energy Select Sector SPDR+3.8%

    Energy prices move when sanctioned supply is blocked

  • USO United States Oil Fund+4.9%

    This fund moves with oil prices

  • XOM Exxon Mobil+7.9%

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron+5.9%

    Oil producers move when sanctioned barrels leave the market

  • OXY Occidental Petroleum+1.1%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+8.5%

    Oil producers earn more when crude prices rise

  • SLB SLB-7.0%

    Oilfield work in sanctioned regions can be cut off

  • GLD SPDR Gold Shares-3.3%

    Gold is a usual haven when a conflict or sanction escalates

  • LMT Lockheed Martin+11.5%

    Defense contractors get more work when conflict spending rises

  • SPY SPDR S&P 500+0.4%

    The broad market moves when a major sanction lands

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLE-3.23%-0.90%base-0.64%-0.41%-0.12%-0.96%
USO-6.60%-5.02%base-0.56%-0.66%-1.24%+0.46%
XOM-3.82%-1.14%base-0.44%-0.63%-0.52%-0.46%
CVX-4.43%-1.29%base-0.22%+0.30%+0.79%+0.71%
OXY-2.02%-1.55%base+0.54%+0.87%+0.50%+0.16%
COP-6.11%-2.85%base-0.87%-0.39%-0.56%-0.57%
SLB-1.49%-1.96%base-0.83%+0.97%+3.22%+0.14%
GLD+0.03%-1.59%base-0.63%-1.14%-0.80%-3.39%
LMT-7.26%-5.46%base-0.70%-0.63%-0.05%+6.87%
SPY+1.93%+0.83%base+0.43%+0.75%+1.28%+0.09%

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.

On This Day: OAPEC announces oil embargo, sparks energy crisis upi

Source: upi

Energy

CompanyWhenMoveStatus
COPthat day-0.87%final price
COPthe next day-0.39%final price
COPtwo days later-0.56%final price
COPthree days later-0.57%final price
COPthree days earlier-2.85%final price
COPfive days earlier-6.11%final price
CVXthat day-0.22%final price
CVXthe next day+0.30%final price
CVXtwo days later+0.79%final price
CVXthree days later+0.71%final price
CVXthree days earlier-1.29%final price
CVXfive days earlier-4.43%final price
GLDthat day-0.63%final price
GLDthe next day-1.14%final price
GLDtwo days later-0.80%final price
GLDthree days later-3.39%final price
GLDthree days earlier-1.59%final price
GLDfive days earlier+0.03%final price
LMTthat day-0.70%final price
LMTthe next day-0.63%final price
LMTtwo days later-0.05%final price
LMTthree days later+6.87%final price
LMTthree days earlier-5.46%final price
LMTfive days earlier-7.26%final price
OXYthat day+0.54%final price
OXYthe next day+0.87%final price
OXYtwo days later+0.50%final price
OXYthree days later+0.16%final price
OXYthree days earlier-1.55%final price
OXYfive days earlier-2.02%final price
SLBthat day-0.83%final price
SLBthe next day+0.97%final price
SLBtwo days later+3.22%final price
SLBthree days later+0.14%final price
SLBthree days earlier-1.96%final price
SLBfive days earlier-1.49%final price
SPYthat day+0.43%final price
SPYthe next day+0.75%final price
SPYtwo days later+1.28%final price
SPYthree days later+0.09%final price
SPYthree days earlier+0.83%final price
SPYfive days earlier+1.93%final price
USOthat day-0.56%final price
USOthe next day-0.66%final price
USOtwo days later-1.24%final price
USOthree days later+0.46%final price
USOthree days earlier-5.02%final price
USOfive days earlier-6.60%final price
XLEthat day-0.64%final price
XLEthe next day-0.41%final price
XLEtwo days later-0.12%final price
XLEthree days later-0.96%final price
XLEthree days earlier-0.90%final price
XLEfive days earlier-3.23%final price
XOMthat day-0.44%final price
XOMthe next day-0.63%final price
XOMtwo days later-0.52%final price
XOMthree days later-0.46%final price
XOMthree days earlier-1.14%final price
XOMfive days earlier-3.82%final price
SPY
XLE

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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

“On This Day: OAPEC announces oil embargo, sparks energy crisis” scores 12 out of 100. The score uses 1 sources.