Geopolitics Alpha

XLE, VDE, IXC ETFs Hit Record Highs as Inflows Jump as Brent Crude Targets $120

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ENERGYXLE, VDE, IXC ETFs Hit RecordHighs as Inflows Jump as BrentCrude Targets $120GEOPOLITICS ALPHA

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

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 “crude” (oil) in this story.

  • XLE Energy Select Sector SPDR+7.4% 30d

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

  • XOM ExxonMobil Holdings+11.0% 11d

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

  • CVX Chevron+9.9% 30d

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

  • OXY Occidental Petroleum+3.8% 18d

    Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) 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
XOM-2.72%-2.80%base+0.41%after closeafter closeafter close
CVX-3.75%-2.77%base-0.65%after closeafter closeafter close
SHELNo price data for this ticker———————
OXY-2.23%-2.27%base-0.20%after 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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XLE, VDE, IXC ETFs Hit Record Highs as Inflows Jump as Brent Crude Targets $120 Benzinga

Source: Benzinga

Energy

CompanyWhenMoveStatus
CVXthat day-0.65%final price
CVXthree days earlier-2.77%final price
CVXfive days earlier-3.75%final price
OXYthat day-0.20%final price
OXYthree days earlier-2.27%final price
OXYfive days earlier-2.23%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

“XLE, VDE, IXC ETFs Hit Record Highs as Inflows Jump as Brent Crude Targets $120” scores 12 out of 100. The score uses 1 sources.