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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Oil taps $101 as Iran dramatically changes strategy and IEA calls conflict biggest supply disruption in history
06:35am, Thursday, 12'th Mar 2026
Worries come despite International Energy Agency members agreeing to release the largest ever amount of oil from emergency supplies.
Goldman warns of $150 oil peak as it hikes price target for second time in a week
05:59am, Thursday, 12'th Mar 2026
If Strait of Hormuz stays shut through March then a 2008-type price spike is possible
'Please, please, please': Minister urges Danes to avoid driving as oil prices spike amid U.S.-Iran war
05:40am, Thursday, 12'th Mar 2026
Denmark's energy minister called on citizens to reduce their energy use amid the ongoing Middle East conflict. Oil prices jumped to over $100 a barrel on Thursday, raising fears of rising inflation.
IEA head says oil reserve release had 'strong impact' on markets
05:26am, Thursday, 12'th Mar 2026
The IEA's decision to release 400 million barrels of oil from global strategic reserves has already had a "strong impact" on energy markets, which are in an "extremely critical period" after the
Oil markets on high alert despite record IEA stockpile release
05:25am, Thursday, 12'th Mar 2026
Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters.
Oil Tops $100 Again as Iran Hit 3 Cargo Ships. Why Reserve Release Isn't Helping.
05:09am, Thursday, 12'th Mar 2026
Oil prices jumped early Thursday despite the record release of emergency reserves by the U.S. and other countries.
Russia's oil and fuel exports, revenue hit lowest since the start of Ukraine conflict, IEA says
05:02am, Thursday, 12'th Mar 2026
Russia's crude oil and refined product exports and revenues declined in February to reach their lowest since the start of the Ukraine conflict in 2022, the International Energy Agency said on
World faces largest-ever oil supply disruption on Middle East war, IEA says
05:01am, Thursday, 12'th Mar 2026
The war in the Middle East is creating the biggest oil supply disruption in the history of the global market, the International Energy Agency said on Thursday, a day after the agency
Oil surges over 7% despite record reserve release announcement as markets doubt supply relief
09:11pm, Wednesday, 11'th Mar 2026
Oil prices surged over 7% even after IEA announced the largest emergency release of crude reserves in history. The IEA decision also signals how acute the oil shortage risk is, said Saul Kavonic, ener
Dow futures down nearly 500 points as oil prices continue to climb
08:33pm, Wednesday, 11'th Mar 2026
Investors receive a few more updates related to the oil market Wednesday evening
Oil Price Surge: Iran Conflict Disrupts Supply — Will Emergency Oil Calm Markets?
08:27pm, Wednesday, 11'th Mar 2026
Oil prices have surged after the Iran conflict disrupted supply through the Strait of Hormuz, and while emergency reserves have been released to stabilize markets, supply risks and bullish technical s
Oil Futures Rise Amid Ongoing Middle East Conflict
08:18pm, Wednesday, 11'th Mar 2026
Oil futures rose in early Asian trade as ongoing Middle East conflict keeps supply disruption risks elevated.
Smothers: Oil Above $80 Will Add Long-Term Consumer & FOMC Pressures
08:00pm, Wednesday, 11'th Mar 2026
"We can survive" with crude oil hovering around $80, but anything above that will hurt consumers, says Dale Smothers. If the commodity reaches $100 or higher, Dale expects pressures to pinch consumer
US to release 172 million barrels of oil from strategic petroleum reserve
07:59pm, Wednesday, 11'th Mar 2026
The U.S. will release 172 million barrels of oil from its strategic petroleum reserve in a bid to reduce oil prices that have soared due to supply shocks from the U.S.-Israeli war on Iran, U.
Iranian oil flows through Strait of Hormuz even as Gulf neighbors' exports shut
06:19pm, Wednesday, 11'th Mar 2026
Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf count
