Analysis last updated: Saturday, October 26, 2024 at 03:47 AM UTC
COVOL data for
COVOL Loadings
| Country | Loading | VW Loading |
|---|---|---|
| PetroChina Company Limited | 0.2896 | 7.6209 |
| Anadarko Petroleum Corp | 0.2542 | 1.6180 |
| Shell PLC | 0.2501 | 0.8776 |
| BP PLC | 0.2438 | 0.8722 |
| Eni SpA | 0.2314 | 0.8579 |
| EOG Resources Inc | 0.2192 | 1.3887 |
| Devon Energy Corp | 0.2191 | 1.6423 |
| Exxon Mobil Corp | 0.2061 | 0.5686 |
| Repsol SA | 0.2034 | 0.9361 |
| Halliburton Co | 0.2034 | 1.6722 |
| Chevron Corp | 0.1980 | 0.5975 |
| Occidental Petroleum Corp | 0.1914 | 1.1660 |
| TotalEnergies SE | 0.1892 | 0.6346 |
| Princ Comp #1 | 0.1874 | 0.6007 |
| Schlumberger Ltd | 0.1862 | 1.0993 |
| Suncor Energy Inc. | 0.1842 | 1.1195 |
| ConocoPhillips | 0.1828 | 0.8050 |
| Kinder Morgan Inc/DE | 0.1777 | 0.5999 |
| Petroleo Brasileiro SA | 0.1728 | 1.8947 |
| Ecopetrol SA | 0.1658 | 1.0955 |
Top COVOL Events (new events in boldface)
| Date | COVOL | Event | |
|---|---|---|---|
| 1 | Oct 7, 2003 | 88.39 | Oil and gas running out faster than global warming |
| 2 | Apr 12, 2019 | 68.30 | Sanctions on Iran and Venezuela; U.S. crude oil production record high; Global Youth Climate Strike |
| 3 | Mar 9, 2020 | 62.07 | COVID - All of Italy is locked down, Saudi Arabia / Russia oil price war |
| 4 | Jun 22, 2001 | 53.13 | Exxon accused of human rights abuse, OPEC signals output would remain steady |
| 5 | Dec 7, 2001 | 47.55 | Israeli–Palestinian conflict |
| 6 | Mar 14, 2014 | 30.88 | Russia–Ukraine gas disputes: Annexation of Crimea |
| 7 | Jul 21, 2005 | 28.85 | Uncertainty surrounding the effects of China's currency revaluation; attacks on London's Underground and mixed earnings reports; Saudi Arabia's record budget surplus; Terasen B.C. Oil Spill |
| 8 | Nov 9, 2020 | 26.24 | COVID - Pfizer early trial data suggests vaccine is 90% effective; Oil soars 8% on promising COVID-19 vaccine results; Joe Biden elected president of the United States |
| 9 | Oct 31, 2003 | 26.07 | Stocks Tumble, Spurred by Dive in Consumer Confidence |
| 10 | Jun 1, 2010 | 24.89 | Deepwater Horizon oil spill. US to investigate possible criminal prosecutions |
| 11 | Jun 24, 2016 | 24.31 | Brexit |
| 12 | Sep 16, 2019 | 20.76 | Drone attack on critical Abqaiq–Khurais oil processing facilities |
| 13 | Nov 8, 2007 | 20.22 | Global Financial Crisis - Asian markets crash; Cosco Busan oil spill |
| 14 | Feb 28, 2022 | 19.10 | Russia invades Ukrained; Sanctions on Russia |
| 15 | Mar 18, 2020 | 19.05 | COVID - Oil dropped in 3rd worst day on record as COVID-19 continues and rising worries about a global recession lead to fears of longer-term demand destruction |
| 16 | Jan 2, 2004 | 18.69 | |
| 17 | Mar 16, 2020 | 18.14 | COVID - United Nations Climate Change Conference (COP26) postponed |
| 18 | Oct 28, 2021 | 18.02 | Oil executives hearing on Climate Change |
| 19 | Feb 5, 2001 | 17.80 | Israeli–Palestinian conflict |
| 20 | Apr 29, 2010 | 17.58 | Deepwater Horizon oil spill |