Geopolitics Alpha

Trump Calls Off Iran Strike But Will Oil Hold Above $100?

Published . Updated .

ENERGYTrump Calls Off Iran Strike ButWill Oil Hold Above $100?GEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like XOM and CVX 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+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+70.4% 19d

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

  • ITA iShares U.S. Aerospace & Defense ETF-3.2% 30d

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

  • 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 “iran” (tanker shipping) 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.

  • DHT DHT Holdings

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-5.13%-5.78%base-1.59%-3.69%after closeafter close
XLE-2.19%-1.69%base+0.30%-1.51%after closeafter close
BWETNo price data for this ticker———————
ITANo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%-1.64%after closeafter close
FRO-4.16%-3.04%base+4.35%+1.67%after closeafter close
CVXNo price data for this ticker———————
DHT-6.23%-1.71%base+0.10%-1.77%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

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Trump Calls Off Iran Strike But Will Oil Hold Above $100? Yahoo Finance

Source: Yahoo Finance

Energy

CompanyWhenMoveStatus
DHTthat day+0.10%final price
DHTthe next day-1.77%final price
DHTthree days earlier-1.71%final price
DHTfive days earlier-6.23%final price
FROthat day+4.35%final price
FROthe next day+1.67%final price
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
USOthat day-1.59%final price
USOthe next day-3.69%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthe next day-1.51%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day-1.64%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%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

“Trump Calls Off Iran Strike But Will Oil Hold Above $100?” scores 12 out of 100. The score uses 1 sources.