$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on [CNBC]
JP Morgan Chase & Co. (JPM)
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Source: CNBC
Brent crude prices have surged nearly 50% since the start of the war and currently trade around the $106 mark. Because of its proximity to the conflict, traders are looking at Dubai's price as potential harbinger of what could be ahead for other crude benchmarks if the situation doesn't improve. In this article The Iran Abadan, left, a crude oil tanker owned by the National Iranian Tanker Company in Dubai, United Arab Emirates. Charles Crowell | Bloomberg | Getty Images The extreme spike in oil prices seen in local markets in the Middle East could give investors a glimpse into to where U.S. and Europe prices are headed if the Strait of Hormuz isn't opened soon. Dubai crude oil prices surpassed $166 a barrel to a new record high on Thursday, according to market data provider Platts. Dated Brent and West Texas intermediate Cushing's are trading around the $100 mark after historic runs higher. The local markets for oil are often overlooked, but are now seen as a possible p
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News
- Flowco Holdings Inc. Announces Launch of Public Offering by Selling Stockholders [Yahoo! Finance]Yahoo! Finance
- $166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on [MSNBC.com]MSNBC.com
- Scholastic Corporation Announces Intent to Repurchase Up to $200 Million of its Common Stock Through Modified Dutch Auction Tender Offer [Yahoo! Finance]Yahoo! Finance
- Netanyahu says "we are winning" against Iran [Yahoo! Finance]Yahoo! Finance
- JPMorgan analysts cut S&P 500 target, flagging market complacency despite oil shock [Yahoo! Finance]Yahoo! Finance
JPM
Earnings
- 1/13/26 - Miss
JPM
Sec Filings
- 3/19/26 - Form 424B2
- 3/19/26 - Form 424B2
- 3/19/26 - Form 424B2
- JPM's page on the SEC website