Geopolitics Alpha

Egypt to Pilot Digital Fuel Tracking System to Curb Smuggling

Published . Updated .

Egypt to Pilot Digital Fuel Tracking System to Curb Smuggling

Egypt will begin testing a digital system to track fuel distribution in Port Said on November 1 using vehicles’ electronic traffic stickers to strengthen oversight of fuel sales and curb smuggling and the diversion of petroleum products, the Ministry of Petroleum and Mineral

Directly affected

  • No company is named in this report.

Indirectly affected

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “vehicle” (autos) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+2.3% 30d

    Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “vehicle” (autos) in this story.

  • USO United States Oil Fund+13.9% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story.

  • AFK VanEck Africa Index ETF

    VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”).

  • TSLA Tesla+6.6% 30d

    Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “vehicle” (autos) in this story.

  • GM General Motors+2.4% 30d

    General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “vehicle” (autos) in this story.

  • TM Toyota Motor+2.2% 30d

    Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “vehicle” (autos) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CARZNo price data for this ticker———————
XLYNo price data for this ticker———————
USO-1.54%-1.29%baseafter closeafter closeafter closeafter close
BWETNo price data for this ticker———————
AFKNo price data for this ticker———————
TSLANo price data for this ticker———————
GMNo price data for this ticker———————
TMNo price data for this ticker———————

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

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Egypt to Pilot Digital Fuel Tracking System to Curb Smuggling Egypt Oil & Gas

Source: Egypt Oil & Gas

Energy

CompanyWhenMoveStatus
USOthree days earlier-1.29%final price
USOfive days earlier-1.54%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).

How solid the energy case looks

12 out of 100

“Egypt to Pilot Digital Fuel Tracking System to Curb Smuggling” scores 12 out of 100. The score uses 1 sources.