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Buy USO
$136.74
-4.12 (-2.92%)
At Close: Jun 04, 2026
Trump is scrambling to quell the rise of $100 oil. But the market keeps circling one answer.
06:50pm, Thursday, 12'th Mar 2026
Other efforts to coax oil down prices — now at $100 a barrel — are like putting a Band-Aid on a shotgun wound, says analyst
Essaye: Oil Has to Stay Above $150 to Hurt U.S. Economic Growth
06:01pm, Thursday, 12'th Mar 2026
The Strait of Hormuz is the topic markets are trading around, says Tom Essaye, but he believes in a recovery if the conflict is over quickly. “To really cause economic strain, we need to see oil abo
Crude Oil Price Forecast: Momentum Suggests Resistance Tests Ahead
05:15pm, Thursday, 12'th Mar 2026
Crude oil shows strong short-term bullish momentum after Thursday's inside-day breakout, with Fibonacci levels and moving averages highlighting potential resistance and support zones for traders to wa
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
