Geopolitics Alpha

Saudi Arabia eyes 1.2 million bpd pipeline boost within weeks by converting gas line

Published . Updated .

Saudi Arabia eyes 1.2 million bpd pipeline boost within weeks by converting gas line

Saudi Arabia is examining plans to raise pipeline crude export capacity to 10 million bpd, with Energy Minister Prince Abdulaziz bin Salman saying converting…

Directly affected

  • No company is named in this report.

Indirectly affected

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • OXY Occidental Petroleum+1.5%

    Oil producers earn more when crude prices rise

  • COP ConocoPhillips+7.3%

    Oil producers earn more when crude prices rise

  • VLO Valero+14.1%

    Refiners' profits move with crude and fuel prices

  • MPC Marathon Petroleum+10.2%

    Refiners' profits move with crude and fuel prices

  • XOP SPDR S&P Oil & Gas Exploration+2.9%

    A fund of oil and gas producers

  • XLE Energy Select Sector SPDR+4.9%

    A fund of energy companies

  • USO United States Oil Fund+0.9%

    This fund moves with oil prices

  • OIH VanEck Oil Services-2.0%

    Oilfield services rise when drilling follows oil prices

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM———————
CVX———————
OXY———————
COP———————
VLO———————
MPC———————
XOP———————
XLE———————
USO———————
OIH———————

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.

Saudi Arabia eyes 1.2 million bpd pipeline boost within weeks by converting gas line investingLive

Source: investingLive

Taiwan Strait

SPY
XLE

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).

Taiwan Strait, seven days against thirty

Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “Saudi Arabia eyes 1.2 million bpd pipeline boost within weeks by converting gas line.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“Saudi Arabia eyes 1.2 million bpd pipeline boost within weeks by converting gas line” scores 12 out of 100. The score uses 1 sources.