🇸🇦 🇾🇪 Shipping one barrel of oil across the world now costs $30... and it has shattered the global oil market. Rory Johnston says the Houthis hit Riyadh's airport on the very day oil's top leaders were flying in for the World Petroleum Congress, and now every r
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🇸🇦 🇾🇪 Shipping one barrel of oil across the world now costs $30... and it has shattered the global oil market. Rory Johnston says the Houthis hit Riyadh's airport on the very day oil's top leaders were flying in for the World Petroleum Congress, and now every r X
Directly affected
- No company is named in this report.
Indirectly affected
- ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
- MATX Matson
Container lines are exposed when a shipping lane is disrupted
- DAC Danaos
Ship owners earn more when vessels are tied up longer
- GSL Global Ship Lease
Ship owners earn more when vessels are tied up longer
- SBLK Star Bulk Carriers
Dry-bulk carriers move with commodity shipping demand
- GOGL Golden Ocean
Dry-bulk carriers move with commodity shipping demand
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- FRO Frontline
Longer voyages raise tanker earnings when ships avoid the Red Sea
- XLE Energy Select Sector SPDR
Energy prices move when a shipping lane is disrupted
Price reaction, T-5 to T+3
🇸🇦 🇾🇪 Shipping one barrel of oil across the world now costs $30... and it has shattered the global oil market. Rory Johnston says the Houthis hit Riyadh's airport on the very day oil's top leaders were flying in for the World Petroleum Con…
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How solid the energy case looks
12 out of 100
“🇸🇦 🇾🇪 Shipping one barrel of oil across the world now costs $30... and it has shattered the global oil market. Rory Johnston says the Houthis hit Riyadh's airport on the very day oil's top leaders were flying in for the World Petroleum Congress, and now every r” scores 12 out of 100. The score uses 1 sources.