Geopolitics Alpha

Syria pitches itself as an energy corridor

Published . Updated .

Syria pitches itself as an energy corridor

With the Strait of Hormuz disrupted, Syria is courting investors and presenting itself as an oil route from Iraq to the Mediterranean.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 30d

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

  • BWET Breakwave Tanker Shipping ETF+61.1% 18d

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

  • XOM ExxonMobil Holdings+11.8% 12d

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

  • CVX Chevron+6.5% 30d

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

  • FRO Frontline+7.1% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • INSW International Seaways+3.5% 7d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • COP ConocoPhillips+10.8% 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-2.37%+3.62%baseafter closeafter closeafter closeafter close
XLE-0.12%+1.60%baseafter closeafter closeafter closeafter close
BWETNo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
FRONo price data for this ticker———————
INSWNo price data for this ticker———————
COP-1.53%+1.93%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.

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Syria pitches itself as an energy corridor GIS Reports

Source: GIS Reports

Strait of Hormuz

CompanyWhenMoveStatus
COPthree days earlier+1.93%final price
COPfive days earlier-1.53%final price
CVXthree days earlier+2.17%final price
CVXfive days earlier-0.66%final price
USOthree days earlier+3.62%final price
USOfive days earlier-2.37%final price
XLEthree days earlier+1.60%final price
XLEfive days earlier-0.12%final price
XOMthree days earlier+1.85%final price
XOMfive days earlier-1.00%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).

Strait of Hormuz on the map for this story

Strait of Hormuz

Geopolitics Alpha has 112 stories about Strait of Hormuz from the past 7 days and 310 stories from the past 30. That is faster than its usual pace over the past month. “Syria pitches itself as an energy corridor” is tagged to Strait of Hormuz.

How solid “Syria pitches itself as an energy corridor” looks

12 out of 100

“Syria pitches itself as an energy corridor” scores 12 out of 100. The score uses 1 sources.