Geopolitics Alpha

Trump says he will visit tanker in Texas with first oil from Venezuela deal By Reuters

Published . Updated .

ENERGYTrump says he will visit tanker inTexas with first oil fromVenezuela deal By ReutersGEOPOLITICS ALPHA

This report is about oil and tanker shipping. Names like FRO and DHT 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

  • USO United States Oil Fund+2.7% 30d

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

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+70.4% 19d

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

  • FRO Frontline+7.1% 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.

  • 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+3.5% 7d

    International Seaways (water transportation): 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.

  • XOM ExxonMobil Holdings+11.8% 12d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
BWETNo price data for this ticker———————
FRO-8.88%-7.19%base-1.46%after closeafter closeafter close
DHT-5.02%-1.85%base-0.98%after closeafter closeafter close
INSW-7.97%-4.63%base-0.89%after closeafter closeafter close
TNK-6.27%-5.65%base-1.90%after closeafter closeafter close
XOM-3.61%-3.44%base-1.92%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

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Trump says he will visit tanker in Texas with first oil from Venezuela deal By Reuters Investing.com

Source: Investing.com

Energy

CompanyWhenMoveStatus
DHTthat day-0.98%still updating
DHTthree days earlier-1.85%final price
DHTfive days earlier-5.02%final price
FROthat day-1.46%still updating
FROthree days earlier-7.19%final price
FROfive days earlier-8.88%final price
INSWthat day-0.89%still updating
INSWthree days earlier-4.63%final price
INSWfive days earlier-7.97%final price
TNKthat day-1.90%still updating
TNKthree days earlier-5.65%final price
TNKfive days earlier-6.27%final price
XOMthat day-1.92%still updating
XOMthree days earlier-3.44%final price
XOMfive days earlier-3.61%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 100Price not final

“Trump says he will visit tanker in Texas with first oil from Venezuela deal By Reuters” scores 12 out of 100. The score uses 1 sources. The price is not final yet.