South Korea holds 4.17M barrels of oil blocked by U.S. sanctions
Published . Updated .
South Korea holds 4.17M barrels of oil blocked by U.S. sanctions upi
Directly affected
- No company is named in this report.
Indirectly affected
- XLE Energy Select Sector SPDR
Energy prices move when sanctioned supply is blocked
- 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 move when sanctioned barrels leave the market
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- SLB SLB
Oilfield work in sanctioned regions can be cut off
- GLD SPDR Gold Shares
Gold is a usual haven when a conflict or sanction escalates
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- SPY SPDR S&P 500
The broad market moves when a major sanction lands
Price reaction, T-5 to T+3
South Korea holds 4.17M barrels of oil blocked by U.S. sanctions upi
Source: upi
How solid the energy case looks
12 out of 100
“South Korea holds 4.17M barrels of oil blocked by U.S. sanctions” scores 12 out of 100. The score uses 1 sources.