Geopolitics Alpha

UAE brings oil tanker leak under control, coastal cleanup continues

Published . Updated .

ENERGYUAE brings oil tanker leak undercontrol, coastal cleanup continuesGEOPOLITICS ALPHA

This report is about tanker shipping and oil. 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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • USO United States Oil Fund+9.3% 30d

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

  • UAE iShares MSCI UAE ETF

    iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“uae”).

  • FRO Frontline+10.0% 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+3.4% 10d

    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+10.9% 15d

    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
BWETNo price data for this ticker———————
USONo price data for this ticker———————
UAENo price data for this ticker———————
FRO-2.94%-2.39%baseafter closeafter closeafter closeafter close
DHT-1.70%-2.24%baseafter closeafter closeafter closeafter close
INSW+1.66%-0.13%baseafter closeafter closeafter closeafter close
TNK+0.20%-1.49%baseafter closeafter closeafter closeafter close
XOM-1.45%-2.77%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.

UAE brings oil tanker leak under control, coastal cleanup continues アラブニュース

Source: 블루밍비트

Energy

CompanyWhenMoveStatus
DHTthree days earlier-2.24%final price
DHTfive days earlier-1.70%final price
FROthree days earlier-2.39%final price
FROfive days earlier-2.94%final price
INSWthree days earlier-0.13%final price
INSWfive days earlier+1.66%final price
TNKthree days earlier-1.49%final price
TNKfive days earlier+0.20%final price
XOMthree days earlier-2.77%final price
XOMfive days earlier-1.45%final price

Energy

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

“UAE brings oil tanker leak under control, coastal cleanup continues” scores 12 out of 100. The score uses 1 sources.