Geopolitics Alpha

IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels

Published . Updated .

This report is about Defense and Shipping. Names like LMT and RTX typically gain because defense contractors get more work when conflict spending rises.

Directly affected

  • RTX Rtx

    Named in this report.

Indirectly affected

  • LMT Lockheed Martin

    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

  • MATX Matson

    Container lines are exposed when a shipping lane is disrupted

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
RTX———————
LMT———————
NOC———————
GD———————
ZIM———————
MATX———————
XOM———————
CVX———————
ITA———————
BA———————

IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels gCaptain

Source: gCaptain

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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

“IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels” scores 12 out of 100. The score uses 1 sources.