Geopolitics Alpha

Stocks Slide After Mideast Tensions Push Oil Higher

Published . Updated .

ENERGY · MIDDLE EASTStocks Slide After MideastTensions Push Oil HigherGEOPOLITICS ALPHA

This report is about Energy. Names like XOM and CVX typically gain because oil producers earn more when crude prices rise.

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.

Stocks Slide After Mideast Tensions Push Oil Higher WSJ

Source: The Wall Street Journal

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).

The Middle East count beside this story

Middle East has 0 linked stories in the last 7 days and 0 in the last 30 on the page that also carries “Stocks Slide After Mideast Tensions Push Oil Higher.”

How solid the energy case looks

12 out of 100

“Stocks Slide After Mideast Tensions Push Oil Higher” scores 12 out of 100. The score uses 1 sources.