Geopolitics Alpha

Iraq is looking to charter tankers to ship fuel oil outside of the Strait of Hormuz

Published . Updated .

Iraq is looking to charter tankers to ship fuel oil outside of the Strait of Hormuz

This report is about tanker shipping and oil. Names like FRO and TNK 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

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

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

  • USO United States Oil Fund+9.3% 30d

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

  • FRO Frontline+10.0% 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.

  • TNK Teekay Tankers

    Teekay Tankers (water transportation): 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+3.4% 10d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings+10.9% 15d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+10.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USO-1.53%+0.69%base+1.72%+6.10%+4.44%+2.22%
FRO+2.40%-1.15%base-0.12%+3.14%+7.62%+4.86%
TNK+1.23%-1.21%base-0.71%+3.62%+5.23%+2.50%
DHT-2.94%-4.60%base-0.04%+1.74%+1.84%-0.06%
INSW+1.62%-5.88%base-2.56%-0.49%+2.17%+0.05%
XOM-1.88%+0.08%base+0.06%+2.88%+3.31%+1.19%
CVXNo 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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Iraq is looking to charter tankers to ship fuel oil outside of the Strait of Hormuz Newsquawk

Source: Newsquawk

Strait of Hormuz

CompanyWhenMoveStatus
DHTthat day-0.04%final price
DHTthe next day+1.74%final price
DHTtwo days later+1.84%final price
DHTthree days later-0.06%final price
DHTthree days earlier-4.60%final price
DHTfive days earlier-2.94%final price
FROthat day-0.12%final price
FROthe next day+3.14%final price
FROtwo days later+7.62%final price
FROthree days later+4.86%final price
FROthree days earlier-1.15%final price
FROfive days earlier+2.40%final price
INSWthat day-2.56%final price
INSWthe next day-0.49%final price
INSWtwo days later+2.17%final price
INSWthree days later+0.05%final price
INSWthree days earlier-5.88%final price
INSWfive days earlier+1.62%final price
TNKthat day-0.71%final price
TNKthe next day+3.62%final price
TNKtwo days later+5.23%final price
TNKthree days later+2.50%final price
TNKthree days earlier-1.21%final price
TNKfive days earlier+1.23%final price
USOthat day+1.72%final price
USOthe next day+6.10%final price
USOtwo days later+4.44%final price
USOthree days later+2.22%final price
USOthree days earlier+0.69%final price
USOfive days earlier-1.53%final price
XOMthat day+0.06%final price
XOMthe next day+2.88%final price
XOMtwo days later+3.31%final price
XOMthree days later+1.19%final price
XOMthree days earlier+0.08%final price
XOMfive days earlier-1.88%final price
SPY
XLE

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).

Strait of Hormuz, seven days against thirty

Strait of Hormuz

Geopolitics Alpha has 136 stories about Strait of Hormuz from the past 7 days and 386 stories from the past 30. That is faster than its usual pace over the past month. “Iraq is looking to charter tankers to ship fuel oil outside of the Strait of Hormuz” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100

“Iraq is looking to charter tankers to ship fuel oil outside of the Strait of Hormuz” scores 12 out of 100. The score uses 1 sources.