Geopolitics Alpha

'This is really a waste of time': Bali drivers queue for hours for fuel as Indonesia blames a tanker delay, bad weather and panic-buying

Published . Updated .

ENERGY'This is really a waste of time':Bali drivers queue for hours forfuel as Indonesia blames a tanker…GEOPOLITICS ALPHA

This report is about Tanker rates and Shipping. Names like FRO and INSW typically gain because tanker operators earn more when freight rates spike.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+4.7%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways+0.8%

    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-1.2%

    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+11.0%

    Oil producers earn more when crude prices rise

  • CVX Chevron+9.9%

    Oil producers earn more when crude prices rise

  • STNG Scorpio Tankers

    Tanker operators earn more when freight rates spike

  • DAL Delta Air Lines-3.8%

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO-10.06%-4.93%base-4.68%-10.98%-11.10%-14.06%
INSW-6.50%-4.12%base-5.08%-9.51%-12.06%-16.19%
DHT-10.73%-7.26%base-6.10%-11.78%-11.22%-13.29%
TNK-3.97%-0.15%base-4.36%-8.79%-8.99%-10.98%
ZIM-1.49%-1.49%base-1.94%-3.01%-4.04%-4.78%
MATX-5.33%-3.88%base-0.10%+0.82%-0.21%-1.54%
XOM-5.76%-2.91%base+1.66%+0.37%+2.83%+2.38%
CVX-5.81%-2.68%base+1.96%+0.71%+3.29%+3.06%
STNG-4.89%-4.03%base-3.12%-6.64%-8.23%-8.96%
DAL+4.31%+3.29%base-3.63%-1.85%-5.25%-6.17%

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.

'This is really a waste of time': Bali drivers queue for hours for fuel as Indonesia blames a tanker delay, bad weather and panic-buying Fortune

Source: Fortune

Energy

CompanyWhenMoveStatus
CVXthat day+1.96%final price
CVXthe next day+0.71%final price
CVXtwo days later+3.29%final price
CVXthree days later+3.06%final price
CVXthree days earlier-2.68%final price
CVXfive days earlier-5.81%final price
DALthat day-3.63%final price
DALthe next day-1.85%final price
DALtwo days later-5.25%final price
DALthree days later-6.17%final price
DALthree days earlier+3.29%final price
DALfive days earlier+4.31%final price
DHTthat day-6.10%final price
DHTthe next day-11.78%final price
DHTtwo days later-11.22%final price
DHTthree days later-13.29%final price
DHTthree days earlier-7.26%final price
DHTfive days earlier-10.73%final price
FROthat day-4.68%final price
FROthe next day-10.98%final price
FROtwo days later-11.10%final price
FROthree days later-14.06%final price
FROthree days earlier-4.93%final price
FROfive days earlier-10.06%final price
INSWthat day-5.08%final price
INSWthe next day-9.51%final price
INSWtwo days later-12.06%final price
INSWthree days later-16.19%final price
INSWthree days earlier-4.12%final price
INSWfive days earlier-6.50%final price
MATXthat day-0.10%final price
MATXthe next day+0.82%final price
MATXtwo days later-0.21%final price
MATXthree days later-1.54%final price
MATXthree days earlier-3.88%final price
MATXfive days earlier-5.33%final price
STNGthat day-3.12%final price
STNGthe next day-6.64%final price
STNGtwo days later-8.23%final price
STNGthree days later-8.96%final price
STNGthree days earlier-4.03%final price
STNGfive days earlier-4.89%final price
TNKthat day-4.36%final price
TNKthe next day-8.79%final price
TNKtwo days later-8.99%final price
TNKthree days later-10.98%final price
TNKthree days earlier-0.15%final price
TNKfive days earlier-3.97%final price
XOMthat day+1.66%final price
XOMthe next day+0.37%final price
XOMtwo days later+2.83%final price
XOMthree days later+2.38%final price
XOMthree days earlier-2.91%final price
XOMfive days earlier-5.76%final price
ZIMthat day-1.94%final price
ZIMthe next day-3.01%final price
ZIMtwo days later-4.04%final price
ZIMthree days later-4.78%final price
ZIMthree days earlier-1.49%final price
ZIMfive days earlier-1.49%final price
SPY
XLE

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How solid the energy case looks

12 out of 100

“'This is really a waste of time': Bali drivers queue for hours for fuel as Indonesia blames a tanker delay, bad weather and panic-buying” scores 12 out of 100. The score uses 1 sources.