Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade
Published . Updated .
This report is about tanker shipping and oil. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Directly affected
- STNG Scorpio Tankers
Named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+54.8% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-4.2% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- FRO Frontline+0.2% 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.
- 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.
- 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+1.3% 8d
International Seaways (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+9.0% 13d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (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 |
|---|---|---|---|---|---|---|---|
| STNG | -2.65% | +0.65% | base | +3.20% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -4.64% | -1.64% | base | +3.90% | after close | after close | after close |
| TNK | -2.44% | +1.10% | base | +0.66% | after close | after close | after close |
| DHT | +0.06% | +1.80% | base | +1.80% | after close | after close | after close |
| INSW | -0.05% | -0.54% | base | +0.60% | after close | after close | after close |
| XOM | -1.00% | +1.85% | base | +1.44% | 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.
Market Call
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Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade gCaptain
Source: gCaptain
Price since this story was published: Amplify Commodity Trust (BWET)
| Company | When | Move | Status |
|---|---|---|---|
| DHT | that day | +1.80% | still updating |
| DHT | three days earlier | +1.80% | final price |
| DHT | five days earlier | +0.06% | final price |
| Frontline (FRO) | that day | +3.90% | still updating |
| Frontline (FRO) | three days earlier | -1.64% | final price |
| Frontline (FRO) | five days earlier | -4.64% | final price |
| INSW | that day | +0.60% | still updating |
| INSW | three days earlier | -0.54% | final price |
| INSW | five days earlier | -0.05% | final price |
| Scorpio Tankers (STNG) | that day | +3.20% | still updating |
| Scorpio Tankers (STNG) | three days earlier | +0.65% | final price |
| Scorpio Tankers (STNG) | five days earlier | -2.65% | final price |
| Teekay Tankers (TNK) | that day | +0.66% | still updating |
| Teekay Tankers (TNK) | three days earlier | +1.10% | final price |
| Teekay Tankers (TNK) | five days earlier | -2.44% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.44% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +1.85% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.00% | 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 58 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 89 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 35 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 56 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 63 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).
The Middle East count beside this story
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade” is tagged to Middle East.
Who collects and who pays in energy
The side that tends to collect
- XOM ExxonMobil Holdings
In “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
No up or down call on file
- BWET Amplify Commodity Trust
In “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade,” 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
In “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- ITA IShares U.S. Aerospace & Defense ETF
For “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
- STNG Scorpio Tankers
Scorpio Tankers (STNG) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade.” Reason on file: Scorpio Tankers (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
Amplify Commodity Trust (BWET) and the energy link
Amplify Commodity Trust (BWET) is the company in “Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade,” the 28 Oct 2026 Middle East story.
The link for Amplify Commodity Trust (BWET) is this: 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 “oil” (oil) in this story
What this energy story puts on the calendar
BWET traded between 788.51 and 1047.07 across 16 sessions. The latest close on file is 894.54. ITA traded between 197.59 and 211.29 across 20 sessions. The latest close on file is 206.15. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62.
What the saved facts support for Amplify Commodity Trust (BWET)
46 out of 100Price not final
“Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.