Oil tanker stocks surge as market awaits potential Israel retaliation against Iran

seekingalpha10-04

Frontline (NYSE:FRO) and other oil tanker stocks are rallying this week as Israel weighs potential retaliation for Iran's missile launch against it, and whether Israel's response will include any of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2472664797?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/185275855/image_185275855.jpg","is_english":true,"pubTime":"2024-10-04 01:23","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2472664797","market":"us","top_or_hot":-1,"title":"Oil tanker stocks surge as market awaits potential Israel retaliation against Iran","media":"seekingalpha","content":"<div>\n<p>Frontline (NYSE:FRO) and other oil tanker stocks are rallying this week as Israel weighs potential retaliation for Iran's missile launch against it, and whether Israel's response will include any of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4156190-oil-tanker-stocks-surge-as-market-awaits-potential-israel-retaliation-against-iran\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil tanker stocks surge as market awaits potential Israel retaliation against Iran</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil tanker stocks surge as market awaits potential Israel retaliation against Iran\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-04 01:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4156190-oil-tanker-stocks-surge-as-market-awaits-potential-israel-retaliation-against-iran><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Frontline (NYSE:FRO) and other oil tanker stocks are rallying this week as Israel weighs potential retaliation for Iran's missile launch against it, and whether Israel's response will include any of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4156190-oil-tanker-stocks-surge-as-market-awaits-potential-israel-retaliation-against-iran\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://seekingalpha.com/news/4156190-oil-tanker-stocks-surge-as-market-awaits-potential-israel-retaliation-against-iran","article_id":"2472664797","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/185275855/image_185275855.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472664797","pubTimestamp":1727976221,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Frontline  and other oil tanker stocks are rallying this week as Israel weighs potential retaliation for Iran's missile launch against it, and whether Israel's response will include any of Iran's key energy assets. Tanker companies, wary of geopolitical risks in the Middle East, have limited the hire of their vessels, Bloomberg reported Thursday, citing three vessel owners.  Earnings for Aframax-class ships to deliver 700K-barrel cargoes of U.S. oil to Europe surged 249% this weak to reach nearly $58K/day, the Baltic Exchange reports, Bloomberg said. The Exchange's overall assessment of Aframax earnings doubled this week to slightly more than $42K/day, Suezmaxes have gained 56% to $36K/day this week, and Very Large Crude Carriers have gained 10%. Frontline  has gained 8% in the three days since Iraq's missile attack to its highest level since mid-August; among other strong gainers include International Seaways , DHT Holdings , Nordic American Tankers , Scorpio Tankers , Teekay Corp. , ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4585":"ETF&股票定投概念","FRO":"FRONTLINE PLC","BK4144":"石油与天然气的储存和运输"},"translate_title":"市场等待以色列可能对伊朗进行报复，油轮库存飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FRO":0.9},"content_text":"Frontline (NYSE:FRO) and other oil tanker stocks are rallying this week as Israel weighs potential retaliation for Iran's missile launch against it, and whether Israel's response will include any of Iran's key energy assets. Tanker companies, wary of geopolitical risks in the Middle East, have limited the hire of their vessels, Bloomberg reported Thursday, citing three vessel owners.  Earnings for Aframax-class ships to deliver 700K-barrel cargoes of U.S. oil to Europe surged 249% this weak to reach nearly $58K/day, the Baltic Exchange reports, Bloomberg said. The Exchange's overall assessment of Aframax earnings doubled this week to slightly more than $42K/day, Suezmaxes have gained 56% to $36K/day this week, and Very Large Crude Carriers have gained 10%. Frontline (NYSE:FRO) has gained 8% in the three days since Iraq's missile attack to its highest level since mid-August; among other strong gainers include International Seaways (INSW), DHT Holdings (DHT), Nordic American Tankers (NAT), Scorpio Tankers (STNG), Teekay Corp. (TK), Teekay Tankers (TNK), Danaos (DAC), Tsakos Energy Navigation (TEN). The increase in shipping rates is \"consistent with the usual seasonal uptick heading into the winter, backed by a strong underlying market with limited supply growth and increasing geopolitical risks,\" Clarksons analysts wrote.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2472664797"}