Geopolitics Alpha

WTI rises above $100.50 after strike on Saudi refinery

Published . Updated .

ENERGYWTI rises above $100.50 afterstrike on Saudi refineryGEOPOLITICS ALPHA

This report is about oil and refining. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “wti” (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 “wti” (oil) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

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

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • BWET Breakwave Tanker Shipping ETF+61.1% 18d

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

  • KSA iShares MSCI Saudi Arabia ETF-9.1% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings+11.8% 12d

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

  • VLO Valero Energy+11.5% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • CVX Chevron+6.5% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
CRAKNo price data for this ticker———————
BWETNo price data for this ticker———————
KSANo price data for this ticker———————
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
VLONo price data for this ticker———————
CVX-0.66%+2.17%baseafter closeafter closeafter 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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WTI rises above $100.50 after strike on Saudi refinery FXStreet

Source: FXStreet

Energy

CompanyWhenMoveStatus
CVXthree days earlier+2.17%final price
CVXfive days earlier-0.66%final price
XOMthree days earlier+1.85%final price
XOMfive days earlier-1.00%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

“WTI rises above $100.50 after strike on Saudi refinery” scores 12 out of 100. The score uses 1 sources.