FEATURE | How a ghost tanker and fake contracts sneaked Iranian jet fuel past sanctions to Myanmar
Published . Updated .
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+2.7% 30d
United States Oil Fund: its price follows crude oil. Linked by “jet fuel” (oil) in this story.
- XLE Energy Select Sector SPDR+5.6% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “jet fuel” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+70.4% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- JETS U.S. Global Jets ETF-5.2% 30d
U.S. Global Jets ETF: it holds airlines. Linked by “jet fuel” (airlines) in this story.
- EEM iShares MSCI Emerging Markets ETF-0.3% 30d
iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“myanmar”).
- FRO Frontline+7.1% 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.
- 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.
- INSW International Seaways+3.5% 7d
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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -3.36% | -2.27% | base | -1.73% | after close | after close | after close |
| XLE | -2.42% | -2.96% | base | -1.87% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| JETSNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -8.88% | -7.19% | base | -1.29% | after close | after close | after close |
| DHT | -5.02% | -1.85% | base | -0.73% | after close | after close | after close |
| INSW | -7.97% | -4.63% | base | -0.98% | after close | after close | after 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
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FEATURE | How a ghost tanker and fake contracts sneaked Iranian jet fuel past sanctions to Myanmar Baird Maritime
Source: Baird Maritime
Energy
| Company | When | Move | Status |
|---|---|---|---|
| DHT | that day | -0.73% | still updating |
| DHT | three days earlier | -1.85% | final price |
| DHT | five days earlier | -5.02% | final price |
| FRO | that day | -1.29% | still updating |
| FRO | three days earlier | -7.19% | final price |
| FRO | five days earlier | -8.88% | final price |
| INSW | that day | -0.98% | still updating |
| INSW | three days earlier | -4.63% | final price |
| INSW | five days earlier | -7.97% | final price |
| USO | that day | -1.73% | still updating |
| USO | three days earlier | -2.27% | final price |
| USO | five days earlier | -3.36% | final price |
| XLE | that day | -1.87% | still updating |
| XLE | three days earlier | -2.96% | final price |
| XLE | five days earlier | -2.42% | final price |
How solid the energy case looks
12 out of 100Price not final
“FEATURE | How a ghost tanker and fake contracts sneaked Iranian jet fuel past sanctions to Myanmar” scores 12 out of 100. The score uses 1 sources. The price is not final yet.