Geopolitics Alpha

Black Sea oil shipping insurance rates hits hit new highs

Published . Updated .

Black Sea oil shipping insurance rates hits hit new highs www.businessinsurance.com

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • XLE Energy Select Sector SPDR

    Energy prices move when Russian supply is at risk

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson

    Container lines are exposed when a shipping lane is disrupted

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT-0.43%-0.82%—-1.60%+1.95%+4.06%+7.83%
RTX———————
NOC———————
XLE———————
GD-1.12%-1.56%—-0.79%-0.15%+0.55%+2.69%
ITA+1.03%-0.59%—-0.98%-0.89%+0.37%+1.47%
ZIM———————
MATX-1.32%-0.25%—+3.21%+3.11%+4.06%+3.00%
XOM———————
CVX-3.45%-1.61%—+1.30%+3.29%+2.02%+4.63%

Black Sea oil shipping insurance rates hits hit new highs www.businessinsurance.com

Source: www.businessinsurance.com

3 earlier Black Sea stories for United States Oil Fund (USO)

Across 3 earlier stories, United States Oil Fund (USO) the next day averaged +1.69%. The largest gain was +1.69% and the largest drop was +1.69%, from 2 prices.

CompanyWhenAverageLargest gainLargest dropPrices
United States Oil Fund (USO)the next day+1.69%+1.69%+1.69%2
United States Oil Fund (USO)three days later+7.07%+7.07%+7.07%2
Select Sector Spdr Tr (XLE)the next day+2.69%+3.24%+2.41%3
Select Sector Spdr Tr (XLE)three days later+2.98%+3.34%+2.27%3

United States Oil Fund (USO) compared with energy stocks (XLE) since 13 Oct 2026

Since the first closing price after “Black Sea oil shipping insurance rates hits hit new highs,” United States Oil Fund (USO) is +4.67%. The S&P 500 fund (SPY) is -0.40% over the same days, a +5.06% difference versus the market. energy stocks (XLE) is +0.27%, a +4.40% difference versus that group of stocks.

CompanyWhenMoveStatus
CVXthat day+1.30%final price
CVXthe next day+3.29%final price
CVXtwo days later+2.02%final price
CVXthree days later+4.63%final price
CVXthree days earlier-1.61%final price
CVXfive days earlier-3.45%final price
GDthat day-0.79%final price
GDthe next day-0.15%final price
GDtwo days later+0.55%final price
GDthree days later+2.69%final price
GDthree days earlier-1.56%final price
GDfive days earlier-1.12%final price
ITAthat day-0.98%final price
ITAthe next day-0.89%final price
ITAtwo days later+0.37%final price
ITAthree days later+1.47%final price
ITAthree days earlier-0.59%final price
ITAfive days earlier+1.03%final price
LMTthat day-1.60%final price
LMTthe next day+1.95%final price
LMTtwo days later+4.06%final price
LMTthree days later+7.83%final price
LMTthree days earlier-0.82%final price
LMTfive days earlier-0.43%final price
MATXthat day+3.21%final price
MATXthe next day+3.11%final price
MATXtwo days later+4.06%final price
MATXthree days later+3.00%final price
MATXthree days earlier-0.25%final price
MATXfive days earlier-1.32%final price
USO
SPY
XLE

Disclosure records for United States Oil Fund (USO) within two months of 13 Oct 2026

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).

Where this story sits: Black Sea

Black Sea has 30 linked stories in the last 7 days and 30 in the last 30 on the page that also carries “Black Sea oil shipping insurance rates hits hit new highs.” The recent pace is rising.

United States Oil Fund (USO) on one side of this energy story

Companies tied to this story

  • USO United States Oil Fund

    For “Black Sea oil shipping insurance rates hits hit new highs,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • BNO United States Brent Oil Fund

    In “Black Sea oil shipping insurance rates hits hit new highs,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XLE Select Sector Spdr Tr

    For “Black Sea oil shipping insurance rates hits hit new highs,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    For “Black Sea oil shipping insurance rates hits hit new highs,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

  • AEIS Advanced Energy Industries

    Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Black Sea oil shipping insurance rates hits hit new highs.” Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AMPY Amplify Energy

    For “Black Sea oil shipping insurance rates hits hit new highs,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ASC Ardmore Shipping

    Ardmore Shipping (ASC) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Black Sea oil shipping insurance rates hits hit new highs.” Reason on file: GA selected ASC as a RELATED security because its canonical security name directly matches this event's themes: shipping. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ATO Atmos Energy

    For “Black Sea oil shipping insurance rates hits hit new highs,” Atmos Energy (ATO) is linked, with no stored direction, medium confidence. Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

United States Oil Fund (USO) and the energy link

The 13 Oct 2026 story “Black Sea oil shipping insurance rates hits hit new highs” names United States Oil Fund (USO) because of Black Sea.

The link for United States Oil Fund (USO) is this: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Also listed, United States Brent Oil Fund (BNO): Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Price levels for United States Oil Fund (USO)

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.

The energy score for United States Oil Fund (USO)

46 out of 100

“Black Sea oil shipping insurance rates hits hit new highs” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.