# Crude Oil

Type: Company (CL=F)

Source: GetYourBrief — https://getyourbrief.com/entity/crude-oil-company
Canonical HTML page: https://getyourbrief.com/entity/crude-oil-company

## Timeline

- **2026-08-21**: Lower open forecast — RTTNews expects a lower open following weak global cues from oil and Middle East unrest.
- **2026-08-20**: JCI rebounds above 6,500 — The index rebounded, closing just above the 6,500-point plateau.
- **2026-08-19**: Asia selloff accelerates — South Korea's Kospi dropped 5.2% and Tokyo's Nikkei 225 sank 2.6% in Wednesday trading. Oil prices jumped about 1%, while Treasury yields held relatively steady.
- **2026-08-19**: JCI ends two-day winning streak — Jakarta Composite Index snapped a two-session rally after gaining nearly 150 points or 2.6 percent.
- **2026-08-18**: Wall Street extends losing streak — S&P 500 fell 0.7% for a third straight decline; Dow dipped 0.2%; Nasdaq sank 1.3%. Nvidia, Micron and Broadcom were among the heaviest weights as AI valuations came under criticism.
- **2026-07-31**: Amazon Q2 earnings beat — Amazon reports profit that more than triples year-over-year, driven by AWS acceleration; stock leaps 15.3%.
- **2026-07-31**: Apple Q3 earnings miss on guidance — Apple beats profit estimates but issues a disappointing revenue forecast for the current quarter, causing shares to drop 7.4%.
- **2026-07-31**: Oil prices continue to surge — Rising crude oil prices, fueled by the Iran conflict, add to inflation concerns and pressure bond markets.
- **2026-07-31**: S&P 500 closes higher — The S&P 500 ends the session with a 0.7% gain, securing its first winning week in three weeks, though the index posts a fractional July loss.
- **2026-07-30**: Microsoft reports earnings — Microsoft posts results that signal its AI investments are yielding higher profits, sending its stock to its best single-day gain in nearly 18 years.
- **2026-07-23**: Rate hits 6.58%, highest in nearly a year — 30-year fixed rate jumps to 6.58%, the highest since late August 2025. 15-year rate at 5.96%. 10-year Treasury yield rises to 4.70%. Rising oil prices and inflation fears continue to pressure bonds.
- **2026-07-17**: Rate rises to 6.55% — 30-year fixed rate reaches 6.55%, highest since August 2025; 15-year rate at 5.93%. The 10-year Treasury yield climbs to 4.57% midday.
- **2026-07-10**: Mortgage rate at 6.49% — Freddie Mac survey shows average 30-year fixed mortgage rate at 6.49% for the week.
- **2026-02-28**: Iran conflict begins — War breaks out, driving crude oil prices sharply higher. The 10-year Treasury yield stands at 3.97%.

## Recent coverage (15 stories, network-wide)

### Indonesia's JCI Faces Sub-6,500 Open as Oil, Mideast Risk Hit
2026-08-21 04:55:37 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Indonesia's Jakarta Composite Index is expected to open below 6,500 on Friday after a weak global lead, as surging oil prices and Middle East unrest pressure emerging-market risk appetite. The index rebounded Thursday, but the level is now a key support test for traders.
Full story: https://getfinancebrief.com/story/indonesia-jci-sub-6500-open-oil-mideast-risk

### Hormuz Downplayed as Oil Holds at $85: Supply Chain Impact
2026-08-20 03:12:18 · Sector: supply · Sentiment: Negative · Impact: 7/10 · Sources: 2

President Trump's threat of 'Draconian' Iran sanctions and his downplaying of Hormuz risk signal potential shifts in maritime energy flows. Supply chain planners must weigh sanctions escalation against a possible deal that could cut oil input costs.
Full story: https://getsupplybrief.com/story/iran-hormuz-sanctions-supply-chain-impact

### Oil at $85 With Iran Sanctions Threat: Market Upside?
2026-08-20 03:12:10 · Sector: finance · Sentiment: Negative · Impact: 7/10 · Sources: 2

Investors are weighing Trump's threat of severe Iran sanctions against his suggestion an agreement could send oil prices lower. The $85 price level and effective blockade claim are key variables for energy equities, inflation, and commodity positioning.
Full story: https://getfinancebrief.com/story/iran-sanctions-hormuz-financial-markets-impact

### Kospi Drops 5.2% as AI Selloff Spreads; Oil Climbs 1%
2026-08-19 04:45:25 · Sector: finance · Sentiment: Negative · Impact: 6/10 · Sources: 2

South Korea's Kospi plunged 5.2% and Japan's Nikkei fell 2.6% after AI-valuation fears hit Wall Street for a third day. Oil rose about 1%, creating a cross-asset stress signal for investors. The move highlights how crowded AI trades are repricing globally.
Full story: https://getfinancebrief.com/story/asia-markets-kospi-drops-5-2-ai-selloff-oil-1-percent

### Hang Seng's 850-Point Rally Faces Reversal Amid Global Headwinds
2026-08-07 19:20:25 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

The Hang Seng Index's 3.4% surge over three days to 25,800 is at risk of a sharp reversal as Middle East tensions, surging oil, and central bank decisions spook investors. Profit-taking is expected, with Asian markets set to open cautiously.
Full story: https://getfinancebrief.com/story/hang-seng-win-streak-may-end-finance

### Dow Jumps 584 Points to Record as 50% Profit Growth Fuels Optimism
2026-08-05 15:58:26 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 4

Wall Street extended its record-breaking streak as the Dow surged 584 points and the S&P 500 and Nasdaq notched fresh highs. With 75% of companies reporting, profit growth is on track to hit 50%, buoyed by strong results from Disney and Booking Holdings, though SpaceX stumbled on its public debut. Oil held steady while AI chipmaker Nvidia rose on a major deal with SpaceX.
Full story: https://getfinancebrief.com/story/dow-584-points-record-earnings-50-percent

### Amazon Jumps 15.3% on Tripled Profit as Apple Sinks 7.4%: Retail Signal
2026-07-31 22:00:39 · Sector: retail · Sentiment: Neutral · Impact: 5/10 · Sources: 4

Amazon's massive earnings beat and cloud acceleration highlight resilient consumer demand and successful AI integration, offering key signals for retail investors. Apple's revenue forecast miss raises concerns about premium device spending, while rising oil prices threaten margins in physical retail and shipping.
Full story: https://getretailbrief.com/story/amazon-apple-retail-earnings-july-2026

### S&P 500 Gains 0.7% as Amazon Surges 15.3%, Oil Spike Stirs Inflation
2026-07-31 22:00:29 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 4

The S&P 500 eked out a 0.7% gain Friday, capped by a 15.3% Amazon rally and a 7.4% Apple decline. Surging oil prices due to Iran tensions are fueling inflation worries, complicating the Fed's rate path and causing violent sector swings. Investors weigh AI monetization hopes against tech valuation risks.
Full story: https://getfinancebrief.com/story/sp500-amazon-apple-oil-inflation-july-2026

### 30-Year Mortgage Rate Hits 6.58%: How a $400K Loan Just Got $350/Month Pricier
2026-07-23 19:46:41 · Sector: finance · Sentiment: Negative · Impact: 6/10 · Sources: 5

The average 30-year fixed mortgage surged to 6.58%, the highest since August 2025, driven by a jump in the 10-year Treasury yield amid Iran conflict and oil price spikes. For finance professionals, the move signals tighter housing affordability, potential Fed hawkishness, and mounting downside risks for home sales and mortgage origination volumes.
Full story: https://getfinancebrief.com/story/mortgage-rates-hit-6-58-percent

### Oil price surge threatens supply chains as US inflation cools to 3.5%
2026-07-20 03:45:39 · Sector: supply · Sentiment: Negative · Impact: 7/10 · Sources: 4

The jump in oil prices fueled by US-Iran tensions poses immediate cost risks for logistics and procurement, even as US inflation slowed to 3.5% in June. Asian tech weakness adds uncertainty to component demand.
Full story: https://getsupplybrief.com/story/oil-supply-chain-july-2026

### Oil spike on US-Iran tensions exposes fossil fuel risk with US CPI at 3.5%
2026-07-20 03:45:30 · Sector: climate · Sentiment: Negative · Impact: 7/10 · Sources: 4

The sharp increase in crude prices due to Middle East instability highlights the volatility of fossil fuel dependency. Softer US inflation may ease renewable project financing, but an AI pullback adds complexity.
Full story: https://getclimatebrief.com/story/oil-energy-climate-july-2026

### AI-led selloff drags Asian stocks lower as US inflation dips to 3.5%
2026-07-20 03:45:20 · Sector: ai · Sentiment: Negative · Impact: 7/10 · Sources: 4

Artificial intelligence stocks faced a sharp correction in Asia, pulling major indices down and signaling a valuation rethink. The rout came as US inflation cooled, while oil surged on geopolitical tensions.
Full story: https://getaibrief.com/story/ai-retreat-asian-stocks-july-2026

### S&P 500 Drops 1%, Nasdaq -1.4% as AI Sell-off Deepens, Oil Jumps
2026-07-20 03:39:43 · Sector: finance · Sentiment: Negative · Impact: 6/10 · Sources: 9

Investors flee overvalued AI names, pushing Nvidia down 2.2% and briefly below Apple's market cap, while oil spikes on Iran war jitters and Treasury yields ease.
Full story: https://getfinancebrief.com/story/ai-selloff-oil-jumps-markets

### Oil Prices Jump on Iran War Fears as AI Sell-off Drags Markets 1% Lower
2026-07-20 03:39:28 · Sector: climate · Sentiment: Negative · Impact: 6/10 · Sources: 9

Rising geopolitical tensions push oil higher, while a deepening AI stock rout signals investor caution that may slow capital for climate technology deployments.
Full story: https://getclimatebrief.com/story/oil-jumps-iran-war-ai-selloff

### Kimi K3 from Moonshot Triggers AI Stock Rout: Nvidia Drops 2.2%, TSMC -7.3%
2026-07-20 03:39:12 · Sector: ai · Sentiment: Negative · Impact: 6/10 · Sources: 9

The new Chinese AI model intensifies fears of commoditization, slamming chip stocks globally and raising concerns about AI hardware demand sustainability.
Full story: https://getaibrief.com/story/moonshot-kimi-k3-ai-selloff

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