Sign In
Buy XOP
$171.02
-0.110 (-0.0643%)
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
Hormuz oil shock too large for markets to absorb, could lead to global recession: Analyst
04:17am, Thursday, 12'th Mar 2026
Commodity Context's Rory Johnston says markets are likely looking at a price hike of $2 to $3 a barrel per day everyday until the strait of Hormuz is open but warns a jump of 10 to $15 a barrel territ
Plans for record emergency oil release signal Middle East war could drag on for months
11:33pm, Wednesday, 11'th Mar 2026
The degree to which the IEA acted is interpreted as indicating that the conflict could continue for many weeks, analysts said. The IEA said its 32 member countries would release 400 million barrels of
Goldman Sachs raises Q4 Brent, WTI crude price forecast amid longer Hormuz disruption
11:23pm, Wednesday, 11'th Mar 2026
Goldman Sachs raised its Brent, WTI crude oil price forecasts for the fourth quarter of 2026 to $71/67 per barrel from $66/62 as it sees longer disruption to oil flows in the Strait of Hormuz due t
Oil Climbs as Widening Middle East Conflict Stokes Supply Disruption Fears
10:49pm, Wednesday, 11'th Mar 2026
Escalating Iranian attacks are dimming hopes for the quick revival of traffic through the Strait of Hormuz.
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
