Geopolitics Alpha

Russia Sanctions Waiver Cuts Crude Prices as Low US Reserves Limit Downside

Published . Updated .

Russia Sanctions Waiver Cuts Crude Prices as Low US Reserves Limit Downside Crux Investor

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

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
XLE———————
GD———————
ITA———————
USO———————
XOM———————
CVX———————
OXY———————

Russia Sanctions Waiver Cuts Crude Prices as Low US Reserves Limit Downside Crux Investor

Source: Crux Investor

How solid the energy case looks

12 out of 100

“Russia Sanctions Waiver Cuts Crude Prices as Low US Reserves Limit Downside” scores 12 out of 100. The score uses 1 sources.