Sep 28, 2026 · 4 min
Tanker profits lift Frontline as yields pressure gold
Frontline Rises, ConocoPhillips Gains, Royal Gold Drops as Gold and Silver Miners Fall
The episode shows how shipping rates, geopolitical oil risks, earnings, crude prices, and bond yields are pulling energy and metals stocks in different directions.
- 1Frontline benefits from record tanker profits, higher spot rates, and rising floating-storage costs.
- 2ConocoPhillips gains as strong earnings meet higher crude prices linked to supply concerns around Iran and the Strait of Hormuz.
- 3Royal Gold falls as higher bond yields weaken the appeal of non-yielding metals.
Don't miss
Ben Weiss contrasts Frontline’s shipping gains and ConocoPhillips’ energy strength with Royal Gold’s decline under higher bond yields.
The brief
Frontline leads the market roundup as record tanker profits, higher spot rates, and rising floating-storage costs improve the outlook for oil shipping.
ConocoPhillips gains on strong earnings and rising crude prices, with tensions involving Iran and the Strait of Hormuz sharpening supply concerns.
The episode’s central contrast is in precious metals: Royal Gold declines as higher bond yields reduce demand for non-yielding gold.
Ben Weiss connects the moves across energy, shipping, and metals, showing how rates, geopolitics, earnings, and yields can produce sharply different winners.
What was said on this episode
4 statements · 2 positive · 2 negative
Higher crude oil and floating storage prices improve Frontline’s bottom line.
“The stock is pushing up as crude oil and floating storage containers rose more than 4.4% over the past week. That pushes up costs and the bottom line for Frontline.”
Listen at 0:58
ConocoPhillips shares are rising amid Iran and Strait of Hormuz tensions.
“ConocoPhillips, ticker COP. It's jumping this morning.”
Listen at 1:18
Royal Gold shares are declining.
“The stock is dropping.”
Listen at 2:03
Rising government bond yields reduce demand for gold.
“Basically, rising government bond yields decreases kind of the desire to buy up more volatile assets like gold.”
Listen at 2:05
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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ConocoPhillips
Strait of HormuzListen to the full episode and explore every guest, topic, and moment on PodLume.