Geopolitics Alpha

Rubio to hold talks with Reliance on importing more crude from Venezuela

Published . Updated .

ENERGYRubio to hold talks with Relianceon importing more crude fromVenezuelaGEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.2% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

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

  • FRO Frontline+4.7% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “crude” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “crude” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • INSW International Seaways+0.8% 6d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “crude” (tanker shipping) in this story.

  • CVX Chevron+9.9% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-5.13%-5.78%base-2.94%after closeafter closeafter close
XLE-2.19%-1.69%base-0.41%after closeafter closeafter close
BWETNo price data for this ticker———————
FRONo price data for this ticker———————
DHTNo price data for this ticker———————
XOM-2.72%-2.80%base-0.51%after closeafter closeafter close
INSWNo price data for this ticker———————
CVX-3.75%-2.77%base-0.81%after closeafter closeafter 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

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.

Rubio to hold talks with Reliance on importing more crude from Venezuela New India Abroad

Source: New India Abroad

Energy

CompanyWhenMoveStatus
CVXthat day-0.81%still updating
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
USOthat day-2.94%still updating
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day-0.41%still updating
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day-0.51%still updating
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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 100Price not final

“Rubio to hold talks with Reliance on importing more crude from Venezuela” scores 12 out of 100. The score uses 1 sources. The price is not final yet.