Geopolitics Alpha

Oil jumps over US$3 a barrel on October 23 after Houthi attacks

Published . Updated .

ENERGY · RED SEAOil jumps over US$3 a barrel onOctober 23 after Houthi attacksGEOPOLITICS ALPHA

This report is about Red Sea and Energy. Names like USO typically gain because this fund moves with oil prices. Linked by “oil + barrel” in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

    Tanker freight rates rise when ships avoid the Red Sea. Linked by “red sea” in this story

  • ZIM ZIM Integrated Shipping-1.2% 30d

    Container lines are exposed when a shipping lane is disrupted. Linked by “red sea” in this story

  • MATX Matson-5.7% 9d

    Container lines are exposed when a shipping lane is disrupted. Linked by “red sea” in this story

  • DAC Danaos

    Ship owners earn more when vessels are tied up longer. Linked by “red sea” in this story

  • GSL Global Ship Lease-8.5% 30d

    Ship owners earn more when vessels are tied up longer. Linked by “red sea” in this story

  • USO United States Oil Fund+8.2% 30d

    This fund moves with oil prices. Linked by “oil price + prices” in this story

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
ZIM-1.23%-0.66%baseafter closeafter closeafter closeafter close
MATX+1.35%+2.85%baseafter closeafter closeafter closeafter close
DAC-1.41%+0.02%baseafter closeafter closeafter closeafter close
GSL-2.52%-0.04%baseafter closeafter closeafter closeafter close
USONo 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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Oil jumps over US$3 a barrel on October 23 after Houthi attacks Nation Thailand

Source: Nation Thailand

Red Sea

CompanyWhenMoveStatus
DACthree days earlier+0.02%final price
DACfive days earlier-1.41%final price
GSLthree days earlier-0.04%final price
GSLfive days earlier-2.52%final price
MATXthree days earlier+2.85%final price
MATXfive days earlier+1.35%final price
ZIMthree days earlier-0.66%final price
ZIMfive days earlier-1.23%final price

Red Sea on the map for this story

Red Sea

Geopolitics Alpha has 79 stories about Red Sea from the past 7 days and 159 stories from the past 30. That is faster than its usual pace over the past month. “Oil jumps over US$3 a barrel on October 23 after Houthi attacks” is tagged to Red Sea.

How solid the energy case looks

12 out of 100

“Oil jumps over US$3 a barrel on October 23 after Houthi attacks” scores 12 out of 100. The score uses 1 sources.