Geopolitics Alpha

US says helped Gulf nations export 1.5 bn barrels of oil through Hormuz

Published . Updated .

ENERGY · STRAIT OF HORMUZUS says helped Gulf nations export1.5 bn barrels of oil throughHormuzGEOPOLITICS 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 “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.

  • COP ConocoPhillips+12.1% 30d

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

  • SHEL Shell+0.1% 13d

    Shell (crude petroleum and natural gas): 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-5.13%-5.78%base-1.59%-2.57%after closeafter close
XLE-2.19%-1.69%base+0.30%-0.26%after closeafter close
BWETNo price data for this ticker———————
XOM-2.72%-2.80%base+0.41%+0.28%after closeafter close
CVX-3.75%-2.77%base-0.65%-0.98%after closeafter close
COPNo price data for this ticker———————
SHELNo price data for this ticker———————
FRO-4.16%-3.04%base+4.35%+3.90%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.

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US says helped Gulf nations export 1.5 bn barrels of oil through Hormuz Middle East Eye

Source: Middle East Eye

Strait of Hormuz

CompanyWhenMoveStatus
CVXthat day-0.65%final price
CVXthe next day-0.98%still updating
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
FROthat day+4.35%final price
FROthe next day+3.90%still updating
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
USOthat day-1.59%final price
USOthe next day-2.57%still updating
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthat day+0.30%final price
XLEthe next day-0.26%still updating
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthat day+0.41%final price
XOMthe next day+0.28%still updating
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).

Where this story sits: Strait of Hormuz

Strait of Hormuz

Geopolitics Alpha has 116 stories about Strait of Hormuz from the past 7 days and 308 stories from the past 30. That is faster than its usual pace over the past month. “US says helped Gulf nations export 1.5 bn barrels of oil through Hormuz” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100Price not final

“US says helped Gulf nations export 1.5 bn barrels of oil through Hormuz” scores 12 out of 100. The score uses 1 sources. The price is not final yet.