Geopolitics Alpha

Saudi Arabia faces liquidity crunch even as oil exports rebound to pre-war levels

Published . Updated .

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ENERGYSaudi Arabia faces liquiditycrunch even as oil exports reboundto pre-war levelsGEOPOLITICS ALPHA

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

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+6.9% 30d

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

  • ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) 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.

  • KSA iShares MSCI Saudi Arabia ETF-7.7% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • 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+3.3% 30d

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

  • COP ConocoPhillips+4.8% 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+4.74%+0.82%baseafter closeafter closeafter closeafter close
XLE-2.64%-2.21%baseafter closeafter closeafter closeafter close
ITA-7.07%-2.20%baseafter closeafter closeafter closeafter close
BWET+23.15%+6.41%baseafter closeafter closeafter closeafter close
KSA-2.96%-1.57%baseafter closeafter closeafter closeafter close
XOM-0.81%-1.14%baseafter closeafter closeafter closeafter close
CVX-0.13%-1.13%baseafter closeafter closeafter closeafter close
COP-1.64%-2.34%baseafter closeafter 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.

Saudi Arabia faces liquidity crunch even as oil exports rebound to pre-war levels Middle East Eye

Source: Middle East Eye

Energy

CompanyWhenMoveStatus
BWETthree days earlier+6.41%final price
BWETfive days earlier+23.15%final price
COPthree days earlier-2.34%final price
COPfive days earlier-1.64%final price
CVXthree days earlier-1.13%final price
CVXfive days earlier-0.13%final price
ITAthree days earlier-2.20%final price
ITAfive days earlier-7.07%final price
KSAthree days earlier-1.57%final price
KSAfive days earlier-2.96%final price
USOthree days earlier+0.82%final price
USOfive days earlier+4.74%final price
XLEthree days earlier-2.21%final price
XLEfive days earlier-2.64%final price
XOMthree days earlier-1.14%final price
XOMfive days earlier-0.81%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

“Saudi Arabia faces liquidity crunch even as oil exports rebound to pre-war levels” scores 12 out of 100. The score uses 1 sources.