Geopolitics Alpha

Three Russian diesel tankers steam for US — including one under sanctions

Published . Updated .

ENERGYThree Russian diesel tankers steamfor US — including one undersanctionsGEOPOLITICS ALPHA

This report is about tanker shipping and oil. Names like FRO and TNK typically gain because 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.

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 “diesel” (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 “russian” (natural gas) in this story.

  • 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.

  • XOM ExxonMobil Holdings+11.0% 11d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “diesel” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USONo price data for this ticker———————
UNGNo price data for this ticker———————
FRO-8.88%-7.19%baseafter closeafter closeafter closeafter close
TNK-6.27%-5.65%baseafter closeafter closeafter closeafter close
DHT-5.02%-1.85%baseafter closeafter closeafter closeafter close
INSW-7.97%-4.63%baseafter closeafter closeafter closeafter close
XOMNo price data for this ticker———————

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.

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Three Russian diesel tankers steam for US — including one under sanctions Financial Times

Source: Financial Times

Energy

CompanyWhenMoveStatus
DHTthree days earlier-1.85%final price
DHTfive days earlier-5.02%final price
FROthree days earlier-7.19%final price
FROfive days earlier-8.88%final price
INSWthree days earlier-4.63%final price
INSWfive days earlier-7.97%final price
TNKthree days earlier-5.65%final price
TNKfive days earlier-6.27%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

“Three Russian diesel tankers steam for US — including one under sanctions” scores 12 out of 100. The score uses 1 sources.