Geopolitics Alpha

Brent crude jumps to highest since April on Houthi attacks, UAE oil spill

Published . Updated .

Covered by 3 outlets: Nikkei Asia, The Lufkin Daily News, Central Oregon Daily.

ENERGY · RED SEABrent crude jumps to highest sinceApril on Houthi attacks, UAE oilspillGEOPOLITICS ALPHA

This report is about Red Sea and Shipping. Names like ZIM and MATX typically gain because container lines are exposed when a shipping lane is disrupted.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping-2.2%

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson-5.7%

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos+2.6%

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease-9.4%

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers-7.2%

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+5.9%

    Oil producers earn more when crude prices rise

  • FRO Frontline+1.4%

    Longer voyages raise tanker earnings when ships avoid the Red Sea

  • XLE Energy Select Sector SPDR+3.8%

    Energy prices move when a shipping lane is disrupted

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ZIM+0.53%+0.29%base+0.00%after closeafter closeafter close
MATX+3.16%+4.40%base-0.76%after closeafter closeafter close
DAC+0.28%-0.48%base+0.13%after closeafter closeafter close
GSL-0.18%-0.42%base+0.74%after closeafter closeafter close
SBLK-3.14%-1.99%base+1.15%after closeafter closeafter close
GOGL+11.63%+11.63%base—after closeafter closeafter close
XOM+0.46%-0.17%base+2.53%after closeafter closeafter close
CVX-0.70%-0.41%base+2.81%after closeafter closeafter close
FRO+2.38%-1.82%base+2.30%after closeafter closeafter close
XLE+0.97%+0.55%base+2.52%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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Brent crude jumps to highest since April on Houthi attacks, UAE oil spill Nikkei Asia

Source: Nikkei Asia

Red Sea

CompanyWhenMoveStatus
CVXthat day+2.81%still updating
CVXthree days earlier-0.41%final price
CVXfive days earlier-0.70%final price
DACthat day+0.13%still updating
DACthree days earlier-0.48%final price
DACfive days earlier+0.28%final price
FROthat day+2.30%still updating
FROthree days earlier-1.82%final price
FROfive days earlier+2.38%final price
GOGLthree days earlier+11.63%final price
GOGLfive days earlier+11.63%final price
GSLthat day+0.74%still updating
GSLthree days earlier-0.42%final price
GSLfive days earlier-0.18%final price
MATXthat day-0.76%still updating
MATXthree days earlier+4.40%final price
MATXfive days earlier+3.16%final price
SBLKthat day+1.15%still updating
SBLKthree days earlier-1.99%final price
SBLKfive days earlier-3.14%final price
XLEthat day+2.52%still updating
XLEthree days earlier+0.55%final price
XLEfive days earlier+0.97%final price
XOMthat day+2.53%still updating
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price
ZIMthat day0.00%still updating
ZIMthree days earlier+0.29%final price
ZIMfive days earlier+0.53%final price

Trades by members of Congress and officials 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).

Where this story sits: Red Sea

Red Sea has 135 linked stories in the last 7 days and 135 in the last 30 on the page that also carries “Brent crude jumps to highest since April on Houthi attacks, UAE oil spill.” The recent pace is rising.

How solid the energy case looks

38 out of 100Price not final

“Brent crude jumps to highest since April on Houthi attacks, UAE oil spill” scores 38 out of 100. The score uses 3 sources. The price is not final yet.