Geopolitics Alpha

Russia's shadow fleet: Can the EU act even if the US eases sanctions on these ships?

Published . Updated .

GEOPOLITICS ALPHARussia's shadow fleet: Can the EUact even if the US eases sanctionson these ships?GEOPOLITICS ALPHA

This report is about tanker shipping and oil.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF+40.2% 19d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “shadow fleet” (tanker shipping) in this story.

  • USO United States Oil Fund+7.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story.

  • UNG United States Natural Gas Fund-7.8% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).

  • FRO Frontline+2.8% 30d

    Frontline (deep sea foreign transportation of freight, with business in Europe): tanker owners earn more when more crude has to move by sea. Linked by “shadow fleet” (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 “shadow fleet” (tanker shipping) in this story.

  • INSW International Seaways+1.5% 9d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “shadow fleet” (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 “shadow fleet” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USO-2.52%-0.26%baseafter closeafter closeafter closeafter close
UNGNo price data for this ticker———————
VGKNo price data for this ticker———————
FRONo price data for this ticker———————
DHTNo price data for this ticker———————
INSWNo price data for this ticker———————
TNKNo 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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Russia's shadow fleet: Can the EU act even if the US eases sanctions on these ships? DW.com

Source: DW.com

This story

CompanyWhenMoveStatus
USOthree days earlier-0.26%final price
USOfive days earlier-2.52%final price

This story

12 out of 100

“Russia's shadow fleet: Can the EU act even if the US eases sanctions on these ships?” scores 12 out of 100. The score uses 1 sources.