Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge
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This report is about tanker shipping and oil.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“africa”).
- AAXJ iShares MSCI All Country Asia ex Japan ETF-9.5% 8d
iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.
- EEM iShares MSCI Emerging Markets ETF-3.3% 13d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | +23.15% | +6.41% | base | +5.26% | after close | after close | after close |
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| AFK | -0.30% | -0.30% | base | -1.09% | after close | after close | after close |
| AAXJ | -7.07% | -1.95% | base | -1.60% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| EMB | -0.03% | +0.53% | base | -0.81% | after close | after close | after close |
| EMLC | +0.45% | +1.06% | base | -0.57% | after close | after close | after close |
| EEM | -6.42% | -1.63% | base | -1.52% | after close | after close | after 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.
Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge Crude Oil Prices Today | OilPrice.com
The price since 12 Nov 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Msci Asia Ex-Japan (AAXJ) | that day | -1.60% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | three days earlier | -1.95% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | five days earlier | -7.07% | final price |
| Vaneck Etf Trust (AFK) | that day | -1.09% | final price |
| Vaneck Etf Trust (AFK) | three days earlier | -0.30% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | -0.30% | final price |
| Amplify Commodity Trust (BWET) | that day | +5.26% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +6.41% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +23.15% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EEM) | that day | -1.52% | final price |
| Ishares Tr (EEM) | three days earlier | -1.63% | final price |
| Ishares Tr (EEM) | five days earlier | -6.42% | final price |
| Ishares Tr (EMB) | that day | -0.81% | final price |
| Ishares Tr (EMB) | three days earlier | +0.53% | final price |
| Ishares Tr (EMB) | five days earlier | -0.03% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | that day | -0.57% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +1.06% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.45% | final price |
| United States Oil Fund (USO) | that day | +3.43% | final price |
| United States Oil Fund (USO) | three days earlier | +0.82% | final price |
| United States Oil Fund (USO) | five days earlier | +4.74% | final price |
Companies in energy around Amplify Commodity Trust (BWET)
Companies tied to this story
- BWET Amplify Commodity Trust
For “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- USO United States Oil Fund
In “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- AFK Vaneck Etf Trust
In “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“africa”)
- AAXJ Ishares Msci Asia Ex-Japan
Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge.” Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”)
- CEW Wisdomtree Tr
In “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa
- EMB Ishares Tr
In “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
In “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa
- EEM Ishares Tr
In “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
Amplify Commodity Trust (BWET) and the energy link
Amplify Commodity Trust (BWET) is the company in “Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge,” the 12 Nov 2026 Energy story.
For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
United States Oil Fund (USO) is here too. Its reason reads: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
AFK traded between 25.64 and 25.83 across 1 sessions. The latest close on file is 25.83. BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41.
How strong the case is around Amplify Commodity Trust (BWET)
46 out of 100
“Asian Oil Buyers Turn to Africa and Brazil as Tanker Rates Plunge” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.