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Global markets saw a mix of gains and losses as investors digested the latest inflation data, oil price fluctuations, and notable corporate developments. Stocks rose on the back of tame inflation data, while oil headed for its first weekly loss of the year.
Oil prices remained relatively stable on Friday, pausing their three-day rally. The price of crude oil had surged more than 3% on Thursday, reaching a high of $63.05 per barrel. The rally was triggered by escalating tensions between the United States and Iran.
The opening weeks of 2026 brought an unexpected twist to the oil market, with prices soaring above expectations. This new trend was set in motion by a series of geopolitical tensions and supply disruptions. Some analysts remain skeptical about the sustainability of the current price trend.
Updates on oil prices, SpaceX, energy storage, and social media
Oil prices drop to $94.27 per barrel, while SpaceX prepares for a historic IPO and Snapchat limits user sharing.
As crude oil prices surge, what does it mean for gas prices, jobs, and the nation's growth?
The US-Iran war has entered its second week, with oil prices surging past $100 a barrel and Dow futures sinking 800 points.
Oil prices have spiked due to rising US-Iran tensions, benefiting energy-focused ETFs and stocks. Meanwhile, Venezuela is testing higher fuel prices as it reopens its oil industry to foreign investment. In a separate development, Janus Henderson has launched a new CLO ETF with a $100 million seed investment.
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Crypto market reacts to US-Iran conflict, oil price surge, and stablecoin growth
Tensions rise as US-Iran conflict escalates, UK grapples with refugee reunification, and SpaceX's historic IPO sparks excitement
A week of unexpected twists and turns in US politics, economy, and technology
Senators scrutinize SEC, alleged hacker faces 30 years, and oil prices impact BTC
Conflict in Iran Drives Up Aviation Fuel Costs, Impacting Air Travel
Trump's comments on the conflict's end spark market rally, but experts warn of lasting impact
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Global Roundup: Oil Prices Surge, Environmental Concerns, and Unconventional Jobs A week of global news: From oil price hikes to innovative approaches to waste management Oil prices jump after
Rising US bond yields, oil price volatility, and regulatory actions impact bitcoin and other digital assets