Your email has been successfully added to our mailing list.

×
-3.27118089630369E-05 -3.27118089630369E-05 -0.000218078726420349 -0.00196270853778221 0.00010903936321002 0.000981354268891107 0.007414676698288 0.00752371606149818
Stock impact report

Oil prices rise despite UAE exit from OPEC as Iran war ceasefire hangs in balance [Yahoo! Finance Canada]

TotalEnergies SE Ordinary Shares (TTE) 
its wider alliance (OPEC+), announced on Tuesday and taking effect on Friday. The move, which ends decades of membership, comes as the global economy continues to reel from the ongoing war with Iran and the blockade of the Strait of Hormuz remains in place. Investors are currently weighing the potential for higher future output from the UAE against the immediate and acute risks posed to global supply routes, as well as the increased chances that more countries drop out of OPEC and OPEC+. Following the announcement, markets reacted swiftly as the potential for oversupply from the UAE was priced in. Oil prices fell by between 2% and 3%, particularly in futures contracts a couple of months ahead. However, the move was just as quickly offset by the risk premium associated with the Middle East conflict and the current halt to US-Iran negotiations. At the time of writing, US benchmark crude, WTI, is trading above $105 a barrel, while Brent crude, the international standard, is ove Show less Read more
Impact Snapshot
Event Time:
TTE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TTE alerts
Opt-in for
TTE alerts

from News Quantified
Opt-in for
TTE alerts

from News Quantified