Geopolitics Alpha

Biodiesel mandates bite as Indonesia loses India edible oil lead

Published . Updated .

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ENERGYBiodiesel mandates bite asIndonesia loses India edible oilleadGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.5% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • INDA iShares MSCI India ETF-3.2% 12d

    iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).

  • EIDO iShares MSCI Indonesia ETF-1.7% 6d

    iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”).

  • FRO Frontline+1.0% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+3.3% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.74%+0.82%baseafter closeafter closeafter closeafter close
XLE-2.64%-2.21%baseafter closeafter closeafter closeafter close
BWET+23.15%+6.41%baseafter closeafter closeafter closeafter close
INDA-2.87%-0.29%baseafter closeafter closeafter closeafter close
EIDO-3.77%+1.08%baseafter closeafter closeafter closeafter close
FRO-2.04%-2.87%baseafter closeafter closeafter closeafter close
XOM-0.81%-1.14%baseafter closeafter closeafter closeafter close
CVX-0.13%-1.13%baseafter closeafter 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.

Biodiesel mandates bite as Indonesia loses India edible oil lead S&P Global

Source: S&P Global

Energy

CompanyWhenMoveStatus
BWETthree days earlier+6.41%final price
BWETfive days earlier+23.15%final price
CVXthree days earlier-1.13%final price
CVXfive days earlier-0.13%final price
EIDOthree days earlier+1.08%final price
EIDOfive days earlier-3.77%final price
FROthree days earlier-2.87%final price
FROfive days earlier-2.04%final price
INDAthree days earlier-0.29%final price
INDAfive days earlier-2.87%final price
USOthree days earlier+0.82%final price
USOfive days earlier+4.74%final price
XLEthree days earlier-2.21%final price
XLEfive days earlier-2.64%final price
XOMthree days earlier-1.14%final price
XOMfive days earlier-0.81%final price

Congressional trades 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

“Biodiesel mandates bite as Indonesia loses India edible oil lead” scores 12 out of 100. The score uses 1 sources.