Today: 23 May 2026
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Oil Prices 11 March 2026 - 13 March 2026

Bank of America Stock Price Today: Why BAC Is Caught Between Fed Relief and $100 Oil

Bank of America Stock Price Today: Why BAC Is Caught Between Fed Relief and $100 Oil

Bank of America shares fell 0.4% to $46.95 Friday, trailing gains in JPMorgan and Citigroup. The drop followed news of proposed looser U.S. capital rules for big banks, but investors remained cautious as oil prices neared $100 and the Fed delayed expected rate cuts. The S&P 500 financial sector lost 3.3% this week. Barclays and Goldman Sachs both pushed forecasts for Fed rate cuts to September.
Petrobras Stock Price Slips After Diesel Hike as Brazil Export Tax Blunts Oil Rally

Petrobras Stock Price Slips After Diesel Hike as Brazil Export Tax Blunts Oil Rally

Petrobras shares fell Friday after the company announced a diesel price hike for distributors starting March 14, raising the average distributor price to 3.65 reais per liter. The move comes as Brazil’s government scrapped federal diesel taxes and imposed a 12% crude export levy. Petrobras said it would join a voluntary diesel subsidy program, pending regulatory details. The company reported a fourth-quarter net profit of 15.6 billion reais last week.
Anglo American Stock Price Slides 2% as $100 Oil Hammers London Miners

Anglo American Stock Price Slides 2% as $100 Oil Hammers London Miners

Anglo American shares dropped about 2% to 3,188 pence Friday, tracking a wider 2.1% fall in London’s mining index as oil prices stayed above $100 a barrel and rate-cut hopes faded. The stock traded nearly 18% below its Feb. 25 high, pressured by ex-dividend trading, lower copper guidance, De Beers losses, and uncertainty over the planned $53 billion Teck merger.
American Airlines Stock Price Falls Again as Oil Shock Tests AAL Turnaround

American Airlines Stock Price Falls Again as Oil Shock Tests AAL Turnaround

American Airlines shares fell 4.4% to $10.55 after Brent crude topped $100 a barrel, raising fuel cost concerns. The airline has little fuel hedging and faces higher exposure to volatile jet-fuel prices. American reported $352 million in adjusted pretax profit for 2025, far below Delta and United. The carrier also faces operational pressure at Chicago O’Hare amid a gate and schedule dispute with United.
Iran War Cost-of-Living Shock Deepens: Oil Tops $100 as Freight and Food Costs Rise

Iran War Cost-of-Living Shock Deepens: Oil Tops $100 as Freight and Food Costs Rise

Brent crude stayed above $100 a barrel Friday after the IEA called the Iran war the biggest oil-supply disruption ever, with global supply set to fall by 8 million barrels per day in March. Over 100 container ships are stranded near the Strait of Hormuz. U.S. gasoline prices hit $3.60 a gallon. China began releasing fertilizer reserves early, and airlines raised fares as jet fuel prices doubled.
13 March 2026
Cenovus Energy Stock Hits 52-Week High as Oil Prices Surge Toward $100

Cenovus Energy Stock Hits 52-Week High as Oil Prices Surge Toward $100

Cenovus Energy shares rose 4.6% to C$32.18 Thursday, hitting a 52-week high as oil neared $100 a barrel amid record supply disruptions from Middle East conflict. The company forecast 2026 upstream production of up to 985,000 boepd after acquiring MEG Energy. Broader markets fell, but energy stocks surged. Goldman Sachs raised oil price forecasts, citing ongoing risks to Strait of Hormuz flows.
Micron Technology Stock Price Falls 3% as Oil Shock Hits Tech Ahead of Earnings

Micron Technology Stock Price Falls 3% as Oil Shock Hits Tech Ahead of Earnings

Micron Technology shares fell 3.1% to $405.35 Thursday amid a broader Nasdaq selloff tied to surging oil prices from the Iran war. The drop comes ahead of Micron’s March 18 earnings report, with investors weighing strong AI-driven memory demand against market volatility. Micron last quarter posted record revenue and expects more records in Q2. Wells Fargo, Citi, and Susquehanna all raised their price targets for the stock this week.
Cenovus Energy Stock Price Hits 52-Week High as Oil Tops $100

Cenovus Energy Stock Price Hits 52-Week High as Oil Tops $100

Cenovus Energy shares hit a 52-week high Thursday as Brent crude topped $100 a barrel after new Middle East attacks. The stock closed at C$32.34 in Toronto, up C$0.16. Cenovus remains exposed to oil price swings, with net debt at C$8.3 billion and major turnarounds planned in 2026. Rival oil sands producers, including Suncor and Canadian Natural, also expect higher output.
Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

Carnival Corp’s U.S.-listed shares dropped over 6% to $24.32 by 2:22 p.m. EDT Thursday, mirroring a sector-wide selloff as Brent crude surged 8% to $99.38 after attacks on tankers and tensions near the Strait of Hormuz. Royal Caribbean shares fell more than 6%, Norwegian Cruise Line nearly 3%. Rising fuel costs and uncertainty over 2026 expenses weighed on cruise stocks.
Dow Jones Today: Index Falls 550 Points as Oil Tops $100, Credit Worries Jolt Wall Street

Dow Jones Today: Index Falls 550 Points as Oil Tops $100, Credit Worries Jolt Wall Street

The Dow Jones fell 553 points to 46,861 on Thursday as oil prices neared $100 a barrel after tanker attacks in Iraqi waters and Iran’s closure threat to the Strait of Hormuz. The S&P 500 dropped 1.05% and the Nasdaq 1.36%. Morgan Stanley slid 4% after limiting redemptions in a private-credit fund. Brent crude briefly topped $101.
FTSE 100 Today: UK Stock Market Falls as $100 Oil Shifts Bank of England Outlook

FTSE 100 Today: UK Stock Market Falls as $100 Oil Shifts Bank of England Outlook

The FTSE 100 fell 0.47% to 10,305.15 on Thursday, about 5% below its February record, as oil rebounded to $100 a barrel after tanker attacks in Iraq. Money markets now price a 54% chance of a UK rate hike by December. HSBC dropped over 5% after closing Qatar branches. New UK homebuyer enquiries fell sharply in February, according to RICS.
SoFi Stock Price Falls Today as Oil Near $100 Revives Rate Fears

SoFi Stock Price Falls Today as Oil Near $100 Revives Rate Fears

SoFi Technologies shares dropped about 3% Thursday to $17.94, outpacing a broader tech selloff as oil neared $100 and the Nasdaq fell 1.38%. The decline followed sector-wide pressure on fintech stocks, with Affirm and Block also down over 3%. SoFi reported record fee-based revenue in Q4 and recently launched a stablecoin partnership with Mastercard. CEO Anthony Noto bought $1 million in shares earlier this month.
India Stock Market Today: Nifty Extends Slide as Oil Tops $100, Rupee Hits Record Low

India Stock Market Today: Nifty Extends Slide as Oil Tops $100, Rupee Hits Record Low

India’s Nifty 50 fell 0.53% to 23,739.30 by mid-afternoon Thursday as oil prices topped $100 a barrel and the rupee hit a record low of 92.3575 per dollar. The Sensex dropped 1% in morning trade. Analysts warned higher oil could widen the current account deficit and slow growth. U.S. trade probes and regional market losses added to pressure.
Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears

Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears

Australian shares fell 1.3% Thursday, with the S&P/ASX 200 closing at 8,629.00 after oil surged above $100 a barrel following attacks on Middle East fuel tankers. Financials dropped 1.5% and miners 1.7%, while energy stocks rose sharply. Traders now see a 75% chance of another Reserve Bank rate hike next week. The index is down over 6% in March, on track for its worst month since September 2022.
UK Stock Market Today: FTSE 100 Slides as Oil Jumps, BoE Cut Bets Take Another Hit

UK Stock Market Today: FTSE 100 Slides as Oil Jumps, BoE Cut Bets Take Another Hit

London’s FTSE 100 dropped 0.7% in early trade Thursday as Brent crude topped $100 a barrel following new Gulf shipping attacks. Travel firm On the Beach suspended its profit forecast, citing weaker holiday demand tied to Middle East conflict. Legal & General shares fell 5% after missing profit targets. TP ICAP rose 3.5% on stronger trading results.
Dow Jones Today: Dow Falls More Than 400 Points as Oil Shock Blunts CPI Relief

Dow Jones Today: Dow Falls More Than 400 Points as Oil Shock Blunts CPI Relief

The Dow Jones fell 418 points, or 0.88%, to 47,288.28 by late morning Wednesday as investors focused on rising oil prices and risks from the U.S.-Israeli war with Iran. February CPI matched forecasts but did not reflect recent 20% gasoline price jumps. The International Energy Agency released 400 million barrels from reserves, but attacks in the Strait of Hormuz kept supply concerns high. Oracle shares rose 12% after its revenue outlook.
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Stock Market Today

  • ZKH Group Q1 2026 Loss Narrows to C¥10.1m Amid Mixed Profitability Signals
    May 23, 2026, 6:14 AM EDT. ZKH Group (NYSE:ZKH) reported Q1 2026 revenue of C¥2.1 billion and a basic EPS loss of C¥0.06. Trailing 12-month figures show a net loss narrowing to C¥83.1 million from C¥268 million in Q4 2024, with revenue stable near C¥9.2 billion. Improvements link to higher private label mix and AI efficiencies, supporting a 43.9% multi-year earnings growth rate despite continued losses. Earnings per share have fluctuated, with concerns over volatility and fragile profitability. Bears highlight narrow quarterly profits and persistent trailing losses as risks, with a low price-to-sales ratio of 0.3x versus industry peers and a significant gap to a discounted cash flow fair value of US$15.27, suggesting the stock may be undervalued but exposed to execution risks.

Latest articles

Gold Price Near $4,830 Faces Monday Test After Hormuz Reversal Revives Safe-Haven Risk

Gold Watch: $4,500 Level in Focus for Next Move

23 May 2026
Gold ended Friday at $4,508.50 an ounce, down 0.74% for the day and logging a second weekly drop as renewed Fed rate-hike bets and oil-driven inflation fears weighed on prices. Spot silver fell 1.52%, platinum 2.49%, and palladium 2.98%. U.S. markets face a holiday-shortened week ahead, with Memorial Day closures on Monday. Physical demand in India and China remained weak amid Fed anxiety and a strong dollar.
XRP ETFs Hit $1.53 Billion as Bitwise Pulls Ahead, but the Chart Has a Catch

XRP in Focus After Weekend Pullback; Traders Watch $1.30 as ETF Flows Stay Strong

23 May 2026
XRP dropped to $1.31 Saturday, down 3.9% in 24 hours and 7.4% over seven days, underperforming the broader crypto market. Trading volume reached $2.16 billion, with a market value near $81 billion. U.S. equity and listed crypto products will remain closed for Memorial Day on May 25. The SEC’s case against Ripple Labs ended in August 2025 with a $125 million fine and an injunction on institutional XRP sales.
Bitcoin Price Today Slips Below $70,000 as CPI Looms and Iran Risks Keep Traders on Edge

Bitcoin could test $75,000 as markets look ahead to Wall Street reopening

23 May 2026
Bitcoin fell to $74,594 on Saturday, down 3.3% after U.S. spot bitcoin ETFs saw five straight days of outflows. Ether dropped 4.3% to $2,026.64. The decline came as U.S. markets closed for the holiday weekend and bond yields hit multi-year highs. Coinbase shares closed Friday at $184.99, down 4.4%.
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