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These stocks should jump on oil's Doha drop

Iraq oil
Essam Al-Sudani | Reuters

U.S. crude oil futures plunged in early trading after the world's biggest oil producing nations failed to reach a deal to cap production at a summit in Doha, Qatar.

While global stock markets weakened alongside falling crude prices, some stocks stand to benefit if history is any guide.

Using data from Kensho, a quantitative tool used by hedge funds, CNBC Pro ran a study to find the stocks that tend to perform the best when oil declines at least 5 percent in one week.

Here's what we found: