Geopolitics Alpha

Rising diesel prices affecting holiday shipping cost

Published . Updated .

SHIPPINGRising diesel prices affectingholiday shipping costGEOPOLITICS ALPHA

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 “diesel” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.5% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “diesel” (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.

  • XOM ExxonMobil Holdings+9.0% 13d

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

  • 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.

  • CVX Chevron+7.9% 30d

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

  • KEX Kirby-1.1% 30d

    Kirby (water transportation): 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

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
BWETNo price data for this ticker———————
XOMNo price data for this ticker———————
ZIM-1.34%-1.63%base+0.64%+0.44%after closeafter close
MATX+3.59%-0.77%base+1.23%-0.48%after closeafter close
CVXNo price data for this ticker———————
KEXNo 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

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.

Rising diesel prices affecting holiday shipping cost thv11.com

Source: thv11.com

Shipping

CompanyWhenMoveStatus
MATXthat day+1.23%final price
MATXthe next day-0.48%final price
MATXthree days earlier-0.77%final price
MATXfive days earlier+3.59%final price
ZIMthat day+0.64%final price
ZIMthe next day+0.44%final price
ZIMthree days earlier-1.63%final price
ZIMfive days earlier-1.34%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).

How solid the shipping case looks

12 out of 100

“Rising diesel prices affecting holiday shipping cost” scores 12 out of 100. The score uses 1 sources.