Geopolitics Alpha

Brent crude jumps, settles up over $3 after tanker attacks

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ENERGYBrent crude jumps, settles up over$3 after tanker attacksGEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like FRO and DHT typically gain because frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-5.0% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • 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.

  • 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 “tanker” (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 “crude” (oil) in this story.

  • DHT DHT Holdings

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

  • CVX Chevron+5.5% 30d

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

  • INSW International Seaways-9.6% 14d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+15.71%+7.84%base+1.93%after closeafter closeafter close
XLE+8.14%+5.85%base-2.34%after closeafter closeafter close
BWET+32.30%+28.62%base-4.78%after closeafter closeafter close
FRO+16.66%+7.37%base-6.75%after closeafter closeafter close
XOM+8.08%+6.08%base-2.44%after closeafter closeafter close
DHT+13.74%+8.20%base-5.69%after closeafter closeafter close
CVX+6.66%+5.01%base-0.72%after closeafter closeafter close
INSW+14.12%+6.11%base-3.90%after 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.

Brent crude jumps, settles up over $3 after tanker attacks Central Oregon Daily

Source: Central Oregon Daily

Energy

CompanyWhenMoveStatus
BWETthat day-4.78%final price
BWETthree days earlier+28.62%final price
BWETfive days earlier+32.30%final price
CVXthat day-0.72%final price
CVXthree days earlier+5.01%final price
CVXfive days earlier+6.66%final price
DHTthat day-5.69%final price
DHTthree days earlier+8.20%final price
DHTfive days earlier+13.74%final price
FROthat day-6.75%final price
FROthree days earlier+7.37%final price
FROfive days earlier+16.66%final price
INSWthat day-3.90%final price
INSWthree days earlier+6.11%final price
INSWfive days earlier+14.12%final price
USOthat day+1.93%final price
USOthree days earlier+7.84%final price
USOfive days earlier+15.71%final price
XLEthat day-2.34%final price
XLEthree days earlier+5.85%final price
XLEfive days earlier+8.14%final price
XOMthat day-2.44%final price
XOMthree days earlier+6.08%final price
XOMfive days earlier+8.08%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 “Brent crude jumps, settles up over $3 after tanker attacks” looks

12 out of 100

“Brent crude jumps, settles up over $3 after tanker attacks” scores 12 out of 100. The score uses 1 sources.