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$438.97
+7.75 (+1.80%)
At Close: Jun 04, 2026
Oil at $120 or $130 Could Trigger a Recession, Hooper Says
05:04pm, Thursday, 12'th Mar 2026
Man Group Chief Market Strategist Kristina Hooper is worried about how high energy costs are impacting consumers. She says oil at $120 or $130 could trigger a recession in the US.
Iran Threatens New Targets; US Works to Tame Oil Prices
04:44pm, Thursday, 12'th Mar 2026
Earlier on Thursday, Mojtaba Khamenei said the Islamic Republic would seek to ensure the Strait of Hormuz remains effectively closed. In his first public comments since succeeding his father, he add
Venezuela Needs Its Oil Expats to Come Home. Many Won't Go
03:38pm, Thursday, 12'th Mar 2026
A global diaspora of oil workers holds the key to the country's recovery, but many still don't trust the government. Peter Millard explains.
Oil surges as Iran steps up attacks on ships, ports
03:30pm, Thursday, 12'th Mar 2026
Three more foreign ships were struck in the Persian Gulf overnight, authorities said, as attacks intensify on vessels sailing through or near the strategically vital Strait of Hormuz. CNBC's Brian Sul
Oil Market's New Reality: The Gulf Disruption Isn't Going to End Soon
03:25pm, Thursday, 12'th Mar 2026
Analysts are now forecasting longer-lasting upheaval—and higher crude prices.
Dow Jones, S&P500 and Nasdaq 100: US Indices Slide Today on Oil Surge Fears
03:06pm, Thursday, 12'th Mar 2026
US indices slide as oil price fears and delayed Fed rate cuts pressure tech stocks. Dow Jones, S&P500 and Nasdaq 100 test key 200-day levels in today's stock market analysis.
Natural Gas, WTI Oil, Brent Oil Forecasts – Brent Oil Soars Above $100 As Khamenei Says Iran Will Open Other Fronts
02:56pm, Thursday, 12'th Mar 2026
President Trump said that preventing Iran from having nuclear weapons was more important than the price of oil.
The Fed's Stagflation Problem Is Getting Harder to Ignore
02:45pm, Thursday, 12'th Mar 2026
The Fed faces a deepening stagflation dilemma as February's Non-Farm Payrolls fell short by 92,000 jobs while core PCE inflation remains stuck at 3.0%. With crude oil surging past $100 a barrel and ra
Trump's next move to stop oil's surge may involve a shipping law from 1920
12:50pm, Thursday, 12'th Mar 2026
Jones Act waivers are under consideration to ensure energy and agriculture products flow to U.S. ports, the White House says.
Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy
12:46pm, Thursday, 12'th Mar 2026
Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
Nasdaq and S&P500: Stock Market Today Falls as Oil Nears $100, Fed Cut Forecast Delays
11:48am, Thursday, 12'th Mar 2026
US stocks fall as oil nears $100 after Iran keeps the Strait of Hormuz closed. Rising inflation fears and delayed Fed rate cut forecasts pressure major US indices.
Trump is tapping America's Strategic Petroleum Reserve to fight rising gasoline prices. How much oil is left in it now?
11:47am, Thursday, 12'th Mar 2026
A much-anticipated and record-breaking release of crude oil from the world's emergency stockpiles is starting, as the U.S. Strategic Petroleum Reserve is set to provide nearly half of the backup suppl
We will have 'modestly growing demand' for oil and gas long term, says Ariel's Charles Bobrinskoy
11:44am, Thursday, 12'th Mar 2026
Charles Bobrinskoy, head of investment group at Ariel Investments, joins 'Squawk on the Street' to discuss market themes, the energy sector, and more.
Brazil scraps taxes on diesel, imposes levy on oil exports after price spike
11:43am, Thursday, 12'th Mar 2026
Brazil's government on Thursday scrapped the PIS and Cofins federal taxes levied on diesel and imposed a temporary levy on oil exports in a bid to soften the impact of recent global
Energy Stocks Like Occidental Have Lagged Oil Price Hikes. Why They're Catching Up.
11:13am, Thursday, 12'th Mar 2026
Energy company stocks rose as long-dated oil futures contracts climbed higher.
