Geopolitics Alpha

Romania's Oil Terminal settles labour dispute after govt approves salary increase

Published . Updated .

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Romania's Oil Terminal settles labour dispute after govt approves salary increase

Romanian majority state-owned petroleum logistics company Oil Terminal said on Monday that it settled the labour dispute initiated by its employees' labour trade union following an agreement on salary increases.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • IYT iShares U.S. Transportation ETF

    iShares U.S. Transportation ETF: it holds transport and logistics firms. Linked by “logistics” (transport and logistics) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • EEM iShares MSCI Emerging Markets ETF-2.1% 12d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“romania”).

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+4.7% 30d

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

  • COP ConocoPhillips+8.3% 30d

    ConocoPhillips (petroleum refining): 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-1.54%-1.29%base-7.16%-6.32%-13.84%-12.25%
XLE-0.51%-2.20%base-3.91%-4.71%-9.28%-11.35%
IYT-1.16%-1.02%base+1.76%+1.22%+4.18%+0.44%
BWET-4.39%-3.93%base-2.78%-10.37%-24.41%-28.03%
EEM+1.28%+4.10%base+0.15%+0.13%+0.96%-4.51%
XOM-1.45%-2.77%base-4.00%-5.21%-9.49%-11.72%
CVX-1.54%-2.69%base-3.20%-4.38%-7.92%-8.59%
COP-1.71%-3.24%base-4.25%-6.24%-11.11%-12.04%

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.

Romania's Oil Terminal settles labour dispute after govt approves salary increase SeeNews

Source: SeeNews

Energy

CompanyWhenMoveStatus
BWETthat day-2.78%final price
BWETthe next day-10.37%final price
BWETtwo days later-24.41%final price
BWETthree days later-28.03%final price
BWETthree days earlier-3.93%final price
BWETfive days earlier-4.39%final price
COPthat day-4.25%final price
COPthe next day-6.24%final price
COPtwo days later-11.11%final price
COPthree days later-12.04%final price
COPthree days earlier-3.24%final price
COPfive days earlier-1.71%final price
CVXthat day-3.20%final price
CVXthe next day-4.38%final price
CVXtwo days later-7.92%final price
CVXthree days later-8.59%final price
CVXthree days earlier-2.69%final price
CVXfive days earlier-1.54%final price
EEMthat day+0.15%final price
EEMthe next day+0.13%final price
EEMtwo days later+0.96%final price
EEMthree days later-4.51%final price
EEMthree days earlier+4.10%final price
EEMfive days earlier+1.28%final price
IYTthat day+1.76%final price
IYTthe next day+1.22%final price
IYTtwo days later+4.18%final price
IYTthree days later+0.44%final price
IYTthree days earlier-1.02%final price
IYTfive days earlier-1.16%final price
USOthat day-7.16%final price
USOthe next day-6.32%final price
USOtwo days later-13.84%final price
USOthree days later-12.25%final price
USOthree days earlier-1.29%final price
USOfive days earlier-1.54%final price
XLEthat day-3.91%final price
XLEthe next day-4.71%final price
XLEtwo days later-9.28%final price
XLEthree days later-11.35%final price
XLEthree days earlier-2.20%final price
XLEfive days earlier-0.51%final price
XOMthat day-4.00%final price
XOMthe next day-5.21%final price
XOMtwo days later-9.49%final price
XOMthree days later-11.72%final price
XOMthree days earlier-2.77%final price
XOMfive days earlier-1.45%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

“Romania's Oil Terminal settles labour dispute after govt approves salary increase” scores 12 out of 100. The score uses 1 sources.