Geopolitics Alpha

UAE's Ras Al Khaimah Shuts All Beaches After Oil Spill In Neighbouring Cities

Published . Updated .

ENERGYUAE's Ras Al Khaimah Shuts AllBeaches After Oil Spill InNeighbouring CitiesGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.2% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

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

  • UAE iShares MSCI UAE ETF

    iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“uae”).

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • FRO Frontline+4.7% 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.

  • CVX Chevron+9.9% 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 “oil” (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%after closeafter closeafter close
XLE-2.19%-1.69%base+0.30%after closeafter closeafter close
BWETNo price data for this ticker———————
UAENo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%after closeafter closeafter close
FRONo price data for this ticker———————
CVX-3.75%-2.77%base-0.65%after closeafter closeafter close
DHTNo price data for this ticker———————

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.

UAE's Ras Al Khaimah Shuts All Beaches After Oil Spill In Neighbouring Cities NDTV

Source: NDTV

Energy

CompanyWhenMoveStatus
CVXthat day-0.65%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
USOthat day-1.59%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%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

“UAE's Ras Al Khaimah Shuts All Beaches After Oil Spill In Neighbouring Cities” scores 12 out of 100. The score uses 1 sources.