Geopolitics Alpha

The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk

Published . Updated .

The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk

Lloyd’s List’s weekly showing of the data and figures behind our news, analysis and markets coverage

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

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

  • USO United States Oil Fund+8.2% 30d

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

  • UNG United States Natural Gas Fund-7.2% 30d

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

  • AFK VanEck Africa Index ETF-4.6% 6d

    VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“africa”).

  • FRO Frontline+4.7% 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+0.8% 6d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (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-5.13%-5.78%base-2.94%after closeafter closeafter close
UNGNo price data for this ticker———————
AFKNo price data for this ticker———————
FRO-4.16%-3.04%base+3.84%after closeafter closeafter close
TNK-4.67%-3.50%base+2.65%after closeafter closeafter close
DHT-6.23%-1.71%base+1.28%after closeafter closeafter close
INSW-5.43%+0.49%base+2.65%after 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.

The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk Lloyd's List

Source: Lloyd's List

How Amplify Commodity Trust (BWET) moved across the last 8 energy stories

CompanyWhenAverageLargest gainLargest dropPrices
Frontline (FRO)the next day-3.87%-3.46%-6.74%8
Frontline (FRO)three days later-3.37%-2.34%-10.57%8
International Seaways (INSW)the next day-7.38%-7.35%-7.38%8
International Seaways (INSW)three days later-2.86%-1.59%-11.78%8
DHT Holdings (DHT)the next day-2.18%-1.71%-5.45%8
DHT Holdings (DHT)three days later+1.85%+3.03%-6.37%8

Amplify Commodity Trust (BWET) since this story, compared with the market

CompanyWhenMoveStatus
DHT Holdings (DHT)that day+1.28%still updating
DHT Holdings (DHT)three days earlier-1.71%final price
DHT Holdings (DHT)five days earlier-6.23%final price
Frontline (FRO)that day+3.84%still updating
Frontline (FRO)three days earlier-3.04%final price
Frontline (FRO)five days earlier-4.16%final price
International Seaways (INSW)that day+2.65%still updating
International Seaways (INSW)three days earlier+0.49%final price
International Seaways (INSW)five days earlier-5.43%final price
Teekay Tankers (TNK)that day+2.65%still updating
Teekay Tankers (TNK)three days earlier-3.50%final price
Teekay Tankers (TNK)five days earlier-4.67%final price
USOthat day-2.94%still updating
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price

Where this story sits: Strait of Hormuz

Strait of Hormuz

Geopolitics Alpha has 119 stories about Strait of Hormuz from the past 7 days and 295 stories from the past 30. That is faster than its usual pace over the past month. “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk” is tagged to Strait of Hormuz.

Who gains and who pays if Strait of Hormuz stays in the story

Companies that tend to gain

  • FRO Frontline

    Frontline (FRO) tends to benefit, medium confidence in the 26 Oct 2026 story “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk.” Reason on file: Tanker operators earn more when freight rates spike. Linked by “tanker” in this story

  • INSW International Seaways

    International Seaways (INSW) tends to benefit, medium confidence in the 26 Oct 2026 story “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk.” Reason on file: Tanker operators earn more when freight rates spike. Linked by “tanker” in this story

  • DHT DHT Holdings

    DHT Holdings (DHT) tends to benefit, medium confidence in the 26 Oct 2026 story “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk.” Reason on file: Tanker operators earn more when freight rates spike. Linked by “tanker” in this story

  • TNK Teekay Tankers

    In “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk,” Teekay Tankers (TNK) tends to benefit, medium confidence. Reason on file: Tanker operators earn more when freight rates spike. Linked by “tanker” in this story

No up or down call on file

  • BWET Amplify Commodity Trust

    For “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Tracks tanker freight-rate futures. Linked by “tanker” in this story

  • BNO United States Brent Oil Fund

    For “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk,” United States Brent Oil Fund (BNO) is linked, with no stored direction, medium confidence. Reason on file: Tracks Brent when Gulf supply is at risk. Linked by “hormuz” in this story

How energy news reaches Amplify Commodity Trust (BWET)

Amplify Commodity Trust (BWET) is the company in “The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk,” the 26 Oct 2026 Strait of Hormuz story.

For Amplify Commodity Trust (BWET), the reason on file says Tracks tanker freight-rate futures. Linked by “tanker” in this story

A second company, Frontline (FRO), is listed for a different reason: Tanker operators earn more when freight rates spike. Linked by “tanker” in this story

Price levels for Amplify Commodity Trust (BWET)

BWET traded between 788.51 and 1047.07 across 14 sessions. The latest close on file is 900.02. FRO traded between 47.61 and 59.74 across 20 sessions. The latest close on file is 52.92. INSW traded between 101.58 and 117.34 across 6 sessions. The latest close on file is 110.77.

The energy score for Amplify Commodity Trust (BWET)

46 out of 100Price not final

“The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.