Geopolitics Alpha

Middle East Oil Flows Near Prewar Levels Defy Hormuz Attacks

Published . Updated .

Middle East Oil Flows Near Prewar Levels Defy Hormuz Attacks gCaptain

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

  • USO United States Oil Fund

    Tracks U.S. crude prices when Gulf supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with a Gulf supply scare

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • STNG Scorpio Tankers

    Tanker operators earn more when freight rates spike

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
XOM———————
CVX———————
STNG———————
DAL———————

Middle East Oil Flows Near Prewar Levels Defy Hormuz Attacks gCaptain

Source: gCaptain

Where this story sits: Middle East

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How solid the energy case looks

25 out of 100

“Middle East Oil Flows Near Prewar Levels Defy Hormuz Attacks” scores 25 out of 100. The score uses 2 sources.