What sanctions relief actually changed for marketers in Syria, and what it didn’t
Published . Updated .
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This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “syria” (oil) in this story.
- XLE Energy Select Sector SPDR+6.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “syria” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “syria” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.8% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “syria” (defense) in this story.
- FRO Frontline+1.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “syria” (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 “syria” (tanker shipping) in this story.
- INSW International Seaways-10.7% 18d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “syria” (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 “syria” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.74% | +0.82% | base | after close | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | after close | after close | after close | after close |
| BWET | +23.15% | +6.41% | base | after close | after close | after close | after close |
| ITA | -7.07% | -2.20% | base | after close | after close | after close | after close |
| FRO | -2.04% | -2.87% | base | after close | after close | after close | after close |
| DHT | -5.10% | -4.59% | base | after close | after close | after close | after close |
| INSW | -6.73% | -4.79% | base | after close | after close | after close | after close |
| TNK | -7.95% | -4.43% | base | after close | after close | after close | after 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.
What sanctions relief actually changed for marketers in Syria, and what it didn’t Campaign Middle East
Source: Campaign Middle East
This story
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | +6.41% | final price |
| BWET | five days earlier | +23.15% | final price |
| DHT | three days earlier | -4.59% | final price |
| DHT | five days earlier | -5.10% | final price |
| FRO | three days earlier | -2.87% | final price |
| FRO | five days earlier | -2.04% | final price |
| INSW | three days earlier | -4.79% | final price |
| INSW | five days earlier | -6.73% | final price |
| ITA | three days earlier | -2.20% | final price |
| ITA | five days earlier | -7.07% | final price |
| TNK | three days earlier | -4.43% | final price |
| TNK | five days earlier | -7.95% | final price |
| USO | three days earlier | +0.82% | final price |
| USO | five days earlier | +4.74% | final price |
| XLE | three days earlier | -2.21% | final price |
| XLE | five days earlier | -2.64% | final price |
This story
12 out of 100
“What sanctions relief actually changed for marketers in Syria, and what it didn’t” scores 12 out of 100. The score uses 1 sources.