Geopolitics Alpha

Oil Prices Jump $3 on Houthi Attacks, Oil Spill, Highest Settlement Since April

Published . Updated .

ENERGY · RED SEAOil Prices Jump $3 on HouthiAttacks, Oil Spill, HighestSettlement Since AprilGEOPOLITICS ALPHA

This report is about Red Sea and Shipping. Names like ZIM and MATX typically gain because container lines are exposed when a shipping lane is disrupted.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping-2.2%

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson-5.7%

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos+2.6%

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease-9.4%

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers-7.2%

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+5.9%

    Oil producers earn more when crude prices rise

  • FRO Frontline+1.4%

    Longer voyages raise tanker earnings when ships avoid the Red Sea

  • XLE Energy Select Sector SPDR+3.8%

    Energy prices move when a shipping lane is disrupted

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ZIM+0.53%+0.29%base+0.76%after closeafter closeafter close
MATX+3.16%+4.40%base+0.44%after closeafter closeafter close
DAC+0.28%-0.48%base+0.28%after closeafter closeafter close
GSL-0.18%-0.42%base+1.11%after closeafter closeafter close
SBLK-3.14%-1.99%base+1.03%after closeafter closeafter close
GOGL+11.63%+11.63%baseafter closeafter closeafter closeafter close
XOM+0.46%-0.17%base+2.81%after closeafter closeafter close
CVX-0.70%-0.41%base+3.00%after closeafter closeafter close
FRO+2.38%-1.82%base+3.26%after closeafter closeafter close
XLE+0.97%+0.55%base+2.56%after 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Oil Prices Jump $3 on Houthi Attacks, Oil Spill, Highest Settlement Since April GV Wire

Source: GV Wire

Red Sea

CompanyWhenMoveStatus
CVXthat day+3.00%final price
CVXthree days earlier-0.41%final price
CVXfive days earlier-0.70%final price
DACthat day+0.28%final price
DACthree days earlier-0.48%final price
DACfive days earlier+0.28%final price
FROthat day+3.26%final price
FROthree days earlier-1.82%final price
FROfive days earlier+2.38%final price
GOGLthree days earlier+11.63%final price
GOGLfive days earlier+11.63%final price
GSLthat day+1.11%final price
GSLthree days earlier-0.42%final price
GSLfive days earlier-0.18%final price
MATXthat day+0.44%final price
MATXthree days earlier+4.40%final price
MATXfive days earlier+3.16%final price
SBLKthat day+1.03%final price
SBLKthree days earlier-1.99%final price
SBLKfive days earlier-3.14%final price
XLEthat day+2.56%final price
XLEthree days earlier+0.55%final price
XLEfive days earlier+0.97%final price
XOMthat day+2.81%final price
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price
ZIMthat day+0.76%final price
ZIMthree days earlier+0.29%final price
ZIMfive days earlier+0.53%final price

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).

Red Sea on the map for this story

Red Sea has 136 linked stories in the last 7 days and 136 in the last 30 on the page that also carries “Oil Prices Jump $3 on Houthi Attacks, Oil Spill, Highest Settlement Since April.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“Oil Prices Jump $3 on Houthi Attacks, Oil Spill, Highest Settlement Since April” scores 12 out of 100. The score uses 1 sources.