Rising Tanker Rates Weigh on Americas Crude Pricing
Published . Updated .
High shipping costs are keeping a lid on long-haul exports of crude from the Americas and helping widen discounts against Mideast barrels and global benchmark Brent.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+8.2% 30d
United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story.
- XLE Energy Select Sector SPDR+7.4% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+64.8% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- FRO Frontline+4.7% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- INSW International Seaways+0.8% 6d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- TNK Teekay Tankers
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+11.0% 11d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) 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 | — | — | — | — | — | — | — |
| FRO | -4.16% | -3.04% | base | +4.35% | after close | after close | after close |
| DHT | -6.23% | -1.71% | base | +0.10% | after close | after close | after close |
| INSW | -5.43% | +0.49% | base | +2.67% | after close | after close | after close |
| TNK | -4.67% | -3.50% | base | +1.55% | after close | after close | after close |
| XOM | -2.72% | -2.80% | base | +0.41% | after close | 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.
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Rising Tanker Rates Weigh on Americas Crude Pricing Energy Intelligence
Source: Energy Intelligence
How far Amplify Commodity Trust (BWET) has moved since 26 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | that day | +0.10% | final price |
| DHT Holdings (DHT) | three days earlier | -1.71% | final price |
| DHT Holdings (DHT) | five days earlier | -6.23% | final price |
| Frontline (FRO) | that day | +4.35% | final price |
| Frontline (FRO) | three days earlier | -3.04% | final price |
| Frontline (FRO) | five days earlier | -4.16% | final price |
| International Seaways (INSW) | that day | +2.67% | final price |
| International Seaways (INSW) | three days earlier | +0.49% | final price |
| International Seaways (INSW) | five days earlier | -5.43% | final price |
| Teekay Tankers (TNK) | that day | +1.55% | final price |
| Teekay Tankers (TNK) | three days earlier | -3.50% | final price |
| Teekay Tankers (TNK) | five days earlier | -4.67% | final price |
| ExxonMobil Holdings (XOM) | that day | +0.41% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.80% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -2.72% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 56 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 87 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 33 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 61 days before publication. Filed 8 Oct 2026. View the filing.
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 busy Middle East has been lately
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Rising Tanker Rates Weigh on Americas Crude Pricing” is tagged to Middle East.
Amplify Commodity Trust (BWET) on one side of this energy story
Companies that tend to gain
- FRO Frontline
For “Rising Tanker Rates Weigh on Americas Crude Pricing,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- DHT DHT Holdings
In “Rising Tanker Rates Weigh on Americas Crude Pricing,” DHT Holdings (DHT) tends to benefit, medium confidence. Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- INSW International Seaways
For “Rising Tanker Rates Weigh on Americas Crude Pricing,” International Seaways (INSW) tends to benefit, medium confidence. Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- TNK Teekay Tankers
In “Rising Tanker Rates Weigh on Americas Crude Pricing,” Teekay Tankers (TNK) tends to benefit, medium confidence. Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
No up or down call on file
- BWET Amplify Commodity Trust
In “Rising Tanker Rates Weigh on Americas Crude Pricing,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Rising Tanker Rates Weigh on Americas Crude Pricing.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story
- XOM ExxonMobil Holdings
For “Rising Tanker Rates Weigh on Americas Crude Pricing,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story
- CVX Chevron
In “Rising Tanker Rates Weigh on Americas Crude Pricing,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “crude” (oil) in this story
Amplify Commodity Trust (BWET) and the energy link
On 26 Oct 2026, “Rising Tanker Rates Weigh on Americas Crude Pricing” is the story that connects Amplify Commodity Trust (BWET) to Middle East.
Amplify Commodity Trust (BWET) is on the page because Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “crude” (oil) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 14 sessions. The latest close on file is 900.02. FRO traded between 47.61 and 59.74 across 20 sessions. The latest close on file is 52.92. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55.
How strong the case is around Amplify Commodity Trust (BWET)
46 out of 100
“Rising Tanker Rates Weigh on Americas Crude Pricing” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.