US aims to loan about a third of heating oil reserve in bid to tame prices
Published . Updated .
US aims to loan about a third of heating oil reserve in bid to tame prices 1470 & 100.3 WMBD
Directly affected
- No company is named in this report.
Indirectly affected
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- VLO Valero
Refiners' profits move with crude and fuel prices
- MPC Marathon Petroleum
Refiners' profits move with crude and fuel prices
- XOP SPDR S&P Oil & Gas Exploration
A fund of oil and gas producers
- XLE Energy Select Sector SPDR
A fund of energy companies
- USO United States Oil Fund
This fund moves with oil prices
- OIH VanEck Oil Services
Oilfield services rise when drilling follows oil prices
Price reaction, T-5 to T+3
US aims to loan about a third of heating oil reserve in bid to tame prices 1470 & 100.3 WMBD
Source: 1470 & 100.3 WMBD
How solid the energy case looks
25 out of 100
“US aims to loan about a third of heating oil reserve in bid to tame prices” scores 25 out of 100. The score uses 2 sources.