Geopolitics Alpha

US futures in a holding patter ahead of midterm elections though oil rebounds after US attacks Iran

Published . Updated .

Covered by 2 outlets: KTVN, Ottumwa Courier.

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ENERGYUS futures in a holding patterahead of midterm elections thoughoil rebounds after US attacks IranGEOPOLITICS 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-1.1% 30d

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

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • ITA iShares U.S. Aerospace & Defense ETF+1.8% 30d

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

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+3.3% 30d

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

  • FRO Frontline+1.0% 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.

  • COP ConocoPhillips+4.8% 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+4.37%+7.30%base+0.90%-7.20%-5.48%-4.86%
XLE+1.44%+2.16%base-0.83%-5.58%-7.74%-8.36%
BWET-1.54%+2.86%base-7.81%-22.25%-25.97%—
ITA-3.96%-0.11%base+0.81%———
XOM+0.06%+1.89%base-1.26%-5.72%-8.04%-7.56%
CVX+0.19%+1.58%base-1.10%-4.77%-5.46%-6.49%
FRO+3.34%+8.65%base+0.74%———
COP+0.74%+2.12%base-1.67%-6.77%-7.74%-7.18%

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.

US futures in a holding patter ahead of midterm elections though oil rebounds after US attacks Iran KTVN

Source: KTVN

Energy

CompanyWhenMoveStatus
BWETthat day-7.81%final price
BWETthe next day-22.25%final price
BWETtwo days later-25.97%final price
BWETthree days earlier+2.86%final price
BWETfive days earlier-1.54%final price
COPthat day-1.67%final price
COPthe next day-6.77%final price
COPtwo days later-7.74%final price
COPthree days later-7.18%final price
COPthree days earlier+2.12%final price
COPfive days earlier+0.74%final price
CVXthat day-1.10%final price
CVXthe next day-4.77%final price
CVXtwo days later-5.46%final price
CVXthree days later-6.49%final price
CVXthree days earlier+1.58%final price
CVXfive days earlier+0.19%final price
FROthat day+0.74%final price
FROthree days earlier+8.65%final price
FROfive days earlier+3.34%final price
ITAthat day+0.81%final price
ITAthree days earlier-0.11%final price
ITAfive days earlier-3.96%final price
USOthat day+0.90%final price
USOthe next day-7.20%final price
USOtwo days later-5.48%final price
USOthree days later-4.86%final price
USOthree days earlier+7.30%final price
USOfive days earlier+4.37%final price
XLEthat day-0.83%final price
XLEthe next day-5.58%final price
XLEtwo days later-7.74%final price
XLEthree days later-8.36%final price
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%final price
XOMthat day-1.26%final price
XOMthe next day-5.72%final price
XOMtwo days later-8.04%final price
XOMthree days later-7.56%final price
XOMthree days earlier+1.89%final price
XOMfive days earlier+0.06%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

25 out of 100

“US futures in a holding patter ahead of midterm elections though oil rebounds after US attacks Iran” scores 25 out of 100. The score uses 2 sources.