Geopolitics Alpha

Tanker Oil Spill Forces Closure Of Beaches In UAE

Published . Updated .

Tanker Oil Spill Forces Closure Of Beaches In UAE

An oil spill from a tanker was detected off the coast of Umm Al Quwain, prompting containment operations and environmental assessments…

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+1.5%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • ZIM ZIM Integrated Shipping-1.9%

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson-5.7%

    Container lines are exposed when a shipping lane is disrupted

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

  • STNG Scorpio Tankers

    Tanker operators earn more when freight rates spike

  • DAL Delta Air Lines-0.7%

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO+2.38%-1.82%baseafter closeafter closeafter closeafter close
INSW+1.36%-3.49%baseafter closeafter closeafter closeafter close
DHT-2.28%-3.23%baseafter closeafter closeafter closeafter close
TNK+1.72%-0.66%baseafter closeafter closeafter closeafter close
ZIM+0.53%+0.29%baseafter closeafter closeafter closeafter close
MATX+3.16%+4.40%baseafter closeafter closeafter closeafter close
XOM+0.46%-0.17%baseafter closeafter closeafter closeafter close
CVX-0.70%-0.41%baseafter closeafter closeafter closeafter close
STNG-1.22%-2.04%baseafter closeafter closeafter closeafter close
DAL-4.91%-3.24%baseafter closeafter closeafter closeafter 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

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Tanker Oil Spill Forces Closure Of Beaches In UAE Marine Link

Source: Marine Link

Energy

CompanyWhenMoveStatus
CVXthree days earlier-0.41%final price
CVXfive days earlier-0.70%final price
DALthree days earlier-3.24%final price
DALfive days earlier-4.91%final price
DHTthree days earlier-3.23%final price
DHTfive days earlier-2.28%final price
FROthree days earlier-1.82%final price
FROfive days earlier+2.38%final price
INSWthree days earlier-3.49%final price
INSWfive days earlier+1.36%final price
MATXthree days earlier+4.40%final price
MATXfive days earlier+3.16%final price
STNGthree days earlier-2.04%final price
STNGfive days earlier-1.22%final price
TNKthree days earlier-0.66%final price
TNKfive days earlier+1.72%final price
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price
ZIMthree days earlier+0.29%final price
ZIMfive days earlier+0.53%final price

Trades by members of Congress and officials in the stocks in this story

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

“Tanker Oil Spill Forces Closure Of Beaches In UAE” scores 12 out of 100. The score uses 1 sources.