Geopolitics Alpha

Saudi Aramco to store crude at Singapore's Jurong Rock Caverns from 2027 under energy security pact

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ENERGYSaudi Aramco to store crude atSingapore's Jurong Rock Cavernsfrom 2027 under energy security…GEOPOLITICS 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+4.8% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • BWET Breakwave Tanker Shipping ETF+54.8% 19d

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

  • KSA iShares MSCI Saudi Arabia ETF-7.0% 30d

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

  • EWS iShares MSCI Singapore ETF

    iShares MSCI Singapore ETF holds stocks listed in Singapore, which this story is about (“singapore”).

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • CVX Chevron+7.9% 30d

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

  • COP ConocoPhillips+8.3% 30d

    ConocoPhillips (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-3.36%-2.27%base-1.78%+1.08%after closeafter close
XLE-2.42%-2.96%base-1.97%-1.35%after closeafter close
BWETNo price data for this ticker———————
KSANo price data for this ticker———————
EWSNo price data for this ticker———————
XOM-3.61%-3.44%base-2.35%-1.05%after closeafter close
CVX-2.74%-2.34%base-1.51%-0.54%after closeafter close
COP-3.61%-3.79%base-2.20%-1.20%after 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.

Saudi Aramco to store crude at Singapore's Jurong Rock Caverns from 2027 under energy security pact Pipeline and Gas Journal

Source: Pipeline and Gas Journal

Energy

CompanyWhenMoveStatus
COPthat day-2.20%final price
COPthe next day-1.20%still updating
COPthree days earlier-3.79%final price
COPfive days earlier-3.61%final price
CVXthat day-1.51%final price
CVXthe next day-0.54%still updating
CVXthree days earlier-2.34%final price
CVXfive days earlier-2.74%final price
USOthat day-1.78%final price
USOthe next day+1.08%still updating
USOthree days earlier-2.27%final price
USOfive days earlier-3.36%final price
XLEthat day-1.97%final price
XLEthe next day-1.35%still updating
XLEthree days earlier-2.96%final price
XLEfive days earlier-2.42%final price
XOMthat day-2.35%final price
XOMthe next day-1.05%still updating
XOMthree days earlier-3.44%final price
XOMfive days earlier-3.61%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

“Saudi Aramco to store crude at Singapore's Jurong Rock Caverns from 2027 under energy security pact” scores 12 out of 100. The score uses 1 sources. The price is not final yet.