Geopolitics Alpha

Iraq turns to trucks to export oil in overland Syrian route revival

Published . Updated .

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ENERGYIraq turns to trucks to export oilin overland Syrian route revivalGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

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

  • XLE Energy Select Sector SPDR+7.4% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • FRO Frontline+0.8% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.

  • CVX Chevron+4.7% 30d

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

  • INSW International Seaways-4.9% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-2.03%-2.82%baseafter closeafter closeafter closeafter close
XLE-4.57%-2.42%baseafter closeafter closeafter closeafter close
BWET-5.09%-10.82%baseafter closeafter closeafter closeafter close
XOM-3.42%-2.31%baseafter closeafter closeafter closeafter close
FRO-5.72%-2.93%baseafter closeafter closeafter closeafter close
CVX-4.09%-2.99%baseafter closeafter closeafter closeafter close
DHT-7.51%-3.06%baseafter closeafter closeafter closeafter close
INSW-8.19%-3.57%baseafter closeafter closeafter closeafter 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.

Iraq turns to trucks to export oil in overland Syrian route revival The New Arab

Source: The New Arab

Energy

CompanyWhenMoveStatus
BWETthree days earlier-10.82%final price
BWETfive days earlier-5.09%final price
CVXthree days earlier-2.99%final price
CVXfive days earlier-4.09%final price
DHTthree days earlier-3.06%final price
DHTfive days earlier-7.51%final price
FROthree days earlier-2.93%final price
FROfive days earlier-5.72%final price
INSWthree days earlier-3.57%final price
INSWfive days earlier-8.19%final price
USOthree days earlier-2.82%final price
USOfive days earlier-2.03%final price
XLEthree days earlier-2.42%final price
XLEfive days earlier-4.57%final price
XOMthree days earlier-2.31%final price
XOMfive days earlier-3.42%final price

Congressional trades 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

“Iraq turns to trucks to export oil in overland Syrian route revival” scores 12 out of 100. The score uses 1 sources.