Geopolitics Alpha

Saudi Aramco studying expansion of East-West pipeline capacity

Published . Updated .

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ENERGYSaudi Aramco studying expansion ofEast-West pipeline capacityGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-0.1% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • KSA iShares MSCI Saudi Arabia ETF-8.2% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • FRO Frontline+1.0% 30d

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

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • INSW International Seaways-13.9% 15d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+4.37%+7.30%base+0.90%-7.20%-5.48%-4.86%
XLE+1.44%+2.16%base-0.83%-5.58%-7.74%-8.36%
BWET-1.54%+2.86%base-7.81%-22.25%-25.97%—
KSA+1.02%+0.47%base+0.15%+2.51%+1.98%+2.16%
FRO+3.34%+8.65%base+0.74%-7.65%-13.16%-12.44%
DHT+1.11%+5.11%base+0.29%-7.65%-12.84%-12.88%
XOM+0.06%+1.89%base-1.26%-5.72%-8.04%-7.56%
INSW+5.42%+7.55%base-0.80%-5.76%-9.43%-7.26%

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.

Saudi Aramco studying expansion of East-West pipeline capacity TradingView

Source: TradingView

Energy

CompanyWhenMoveStatus
BWETthat day-7.81%final price
BWETthe next day-22.25%final price
BWETtwo days later-25.97%final price
BWETthree days earlier+2.86%final price
BWETfive days earlier-1.54%final price
DHTthat day+0.29%final price
DHTthe next day-7.65%final price
DHTtwo days later-12.84%final price
DHTthree days later-12.88%final price
DHTthree days earlier+5.11%final price
DHTfive days earlier+1.11%final price
FROthat day+0.74%final price
FROthe next day-7.65%final price
FROtwo days later-13.16%final price
FROthree days later-12.44%final price
FROthree days earlier+8.65%final price
FROfive days earlier+3.34%final price
INSWthat day-0.80%final price
INSWthe next day-5.76%final price
INSWtwo days later-9.43%final price
INSWthree days later-7.26%final price
INSWthree days earlier+7.55%final price
INSWfive days earlier+5.42%final price
KSAthat day+0.15%final price
KSAthe next day+2.51%final price
KSAtwo days later+1.98%final price
KSAthree days later+2.16%final price
KSAthree days earlier+0.47%final price
KSAfive days earlier+1.02%final price
USOthat day+0.90%final price
USOthe next day-7.20%final price
USOtwo days later-5.48%final price
USOthree days later-4.86%final price
USOthree days earlier+7.30%final price
USOfive days earlier+4.37%final price
XLEthat day-0.83%final price
XLEthe next day-5.58%final price
XLEtwo days later-7.74%final price
XLEthree days later-8.36%final price
XLEthree days earlier+2.16%final price
XLEfive days earlier+1.44%final price
XOMthat day-1.26%final price
XOMthe next day-5.72%final price
XOMtwo days later-8.04%final price
XOMthree days later-7.56%final price
XOMthree days earlier+1.89%final price
XOMfive days earlier+0.06%final price

Energy

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 energy case looks

12 out of 100

“Saudi Aramco studying expansion of East-West pipeline capacity” scores 12 out of 100. The score uses 1 sources.