Freight rates for Russian Urals oil shipments to India hit fresh records in early October

Published 13 Oct 2026, 11:45 UTC. Updated 13 Oct 2026, 17:31 UTC.

Freight rates for Russian Urals oil shipments to India hit fresh records in early October Reuters

Directly affected

No company is named in this report.

Indirectly affected

FRO Frontline
Tanker operators earn more when freight rates spike
INSW International Seaways
Tanker operators earn more when freight rates spike
DHT DHT Holdings
Tanker operators earn more when freight rates spike
TNK Teekay Tankers
Tanker operators earn more when freight rates spike
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
GD General Dynamics
Defense contractors get more work when conflict spending rises
ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
FRO	-10.86%	-5.02%	—	-0.34%	-5.00%	-11.28%	-11.40%
INSW	-6.27%	-1.98%	—	+0.59%	-4.52%	-8.98%	-11.54%
DHT	-10.35%	-5.03%	—	+1.26%	-4.92%	-10.67%	-10.10%
TNK	—	—	—	—	—	—	—
LMT	—	—	—	—	—	—	—
RTX	—	—	—	—	—	—	—
NOC	—	—	—	—	—	—	—
GD	-1.12%	-1.56%	—	-0.79%	-0.15%	+0.55%	+2.69%
ZIM	—	—	—	—	—	—	—
DAL	+4.42%	+2.56%	—	-0.71%	-4.31%	-2.55%	-5.92%

Freight rates for Russian Urals oil shipments to India hit fresh records in early October Reuters

Source: Reuters

How far United States Oil Fund (USO) has moved since 13 Oct 2026

Since the first closing price after “Freight rates for Russian Urals oil shipments to India hit fresh records in early October,” 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.

Company	When	Move	Status
DAL	that day	-0.71%	final price
DAL	the next day	-4.31%	final price
DAL	two days later	-2.55%	final price
DAL	three days later	-5.92%	final price
DAL	three days earlier	+2.56%	final price
DAL	five days earlier	+4.42%	final price
DHT	that day	+1.26%	final price
DHT	the next day	-4.92%	final price
DHT	two days later	-10.67%	final price
DHT	three days later	-10.10%	final price
DHT	three days earlier	-5.03%	final price
DHT	five days earlier	-10.35%	final price
FRO	that day	-0.34%	final price
FRO	the next day	-5.00%	final price
FRO	two days later	-11.28%	final price
FRO	three days later	-11.40%	final price
FRO	three days earlier	-5.02%	final price
FRO	five days earlier	-10.86%	final price
GD	that day	-0.79%	final price
GD	the next day	-0.15%	final price
GD	two days later	+0.55%	final price
GD	three days later	+2.69%	final price
GD	three days earlier	-1.56%	final price
GD	five days earlier	-1.12%	final price
INSW	that day	+0.59%	final price
INSW	the next day	-4.52%	final price
INSW	two days later	-8.98%	final price
INSW	three days later	-11.54%	final price
INSW	three days earlier	-1.98%	final price
INSW	five days earlier	-6.27%	final price

USO

SPY

XLE

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

Companies carried with this story

USO United States Oil Fund
In “Freight rates for Russian Urals oil shipments to India hit fresh records in early October,” 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
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “Freight rates for Russian Urals oil shipments to India hit fresh records in early October.” 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 “Freight rates for Russian Urals oil shipments to India hit fresh records in early October,” 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
State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “Freight rates for Russian Urals oil shipments to India hit fresh records in early October.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
UGA United States Gasoline Fund
For “Freight rates for Russian Urals oil shipments to India hit fresh records in early October,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
GSG iShares S&P GSCI Commodity-Indexed Trust
In “Freight rates for Russian Urals oil shipments to India hit fresh records in early October,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
DBA Invesco Db Agriculture Fund
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Freight rates for Russian Urals oil shipments to India hit fresh records in early October.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
MOO Vaneck Etf Trust
Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Freight rates for Russian Urals oil shipments to India hit fresh records in early October.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

How energy news reaches United States Oil Fund (USO)

The 13 Oct 2026 story “Freight rates for Russian Urals oil shipments to India hit fresh records in early October” names United States Oil Fund (USO) because of Energy.

For United States Oil Fund (USO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

A second company, United States Brent Oil Fund (BNO), is listed for a different reason: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

Dates and 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

“Freight rates for Russian Urals oil shipments to India hit fresh records in early October” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.