Oil and shipping disruption adds urgency to Turkey’s renewable energy plans
Published . Updated .
This report is about oil and container shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+54.8% 19d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- TAN Invesco Solar ETF-6.4% 30d
Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “renewable” (clean energy) in this story.
- TUR iShares MSCI Turkey ETF-22.5% 30d
iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkey”).
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| TANNo price data for this ticker | — | — | — | — | — | — | — |
| TURNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | -1.23% | -0.66% | base | +0.34% | +1.30% | after close | after close |
| MATX | +1.35% | +2.85% | base | +0.30% | +1.57% | after close | after close |
| DAC | -1.41% | +0.02% | base | +0.38% | -0.52% | after close | after 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.
Market Call
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Oil and shipping disruption adds urgency to Turkey’s renewable energy plans Middle East Eye
Source: Middle East Eye
Energy
| Company | When | Move | Status |
|---|---|---|---|
| DAC | that day | +0.38% | final price |
| DAC | the next day | -0.52% | final price |
| DAC | three days earlier | +0.02% | final price |
| DAC | five days earlier | -1.41% | final price |
| MATX | that day | +0.30% | final price |
| MATX | the next day | +1.57% | final price |
| MATX | three days earlier | +2.85% | final price |
| MATX | five days earlier | +1.35% | final price |
| ZIM | that day | +0.34% | final price |
| ZIM | the next day | +1.30% | final price |
| ZIM | three days earlier | -0.66% | final price |
| ZIM | five days earlier | -1.23% | final price |
How solid the energy case looks
12 out of 100
“Oil and shipping disruption adds urgency to Turkey’s renewable energy plans” scores 12 out of 100. The score uses 1 sources.