Oil surges 35% this week for biggest gain in futures trading history dating back to 1983 [MSNBC.com]
JP Morgan Chase & Co. (JPM)
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Source: MSNBC.com
watch nowVIDEO4:5304:53No traffic will flow through Strait of Hormuz until some resolution with Iran: Kpler's Matt SmithPower LunchU.S. crude oil on Friday posted its biggest weekly gain in futures trading history, as the escalating war in the Middle East has triggered a major disruption to global fuel supplies.West Texas IntermediateBrentU.S. crude soared 35.63% for the biggest weekly gain in the history of the futures contract dating back to 1983. Brent jumped about 28% for its biggest weekly gain since April 2020.President Donald Trump on Friday demandedunconditional surrenderQatar's energy minister, Saad al-Kaabi, toldThe Financial TimesThis could "bring down the economies of the world," Kaabi said.CNBC Europe"Everybody that has not called for force majeure we expect will do so in the next few days that this continues," Kaabi told the FT. "All exporters in the Gulf region will have to call force majeure. If they don't, they are at some point going to pay the liability for that leg
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JPM
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- 1/13/26 - Miss
JPM
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- 3/6/26 - Form 424B2
- 3/6/26 - Form 424B2
- 3/6/26 - Form FWP
- JPM's page on the SEC website