‘The $100 level is ours for awhile’: Oil won’t be getting cheap anytime soon, no matter what happens in the Gulf

Reported by MarketWatch · Published 30 Oct 2026, 3:12 AM MYT (1 hr ago)

Image: MarketWatch

The oil market may soon reach a point where the dust finally settles enough to see the true chaos the eight-month-old conflict in the Middle East and its shipping disruptions have wrought upon the global crude sector.

Source & full coverage: this summary is aggregated from MarketWatch, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at MarketWatch →

‘The $100 level is ours for awhile’: Oil won’t be getting cheap anytime soon, no matter what happens in the Gulf

Summary

More in Markets

My wife cried when I found out she had only $80,000 in her 401(k). I have $2.2 million. Am I wrong to be shocked?

Sandisk sees revenue nearly quintuple — and its stock is heading higher

This is where most people go wrong in their 30s and 40s

The stock market’s best forecasting tool says returns over the next 10 years will be dismal

Microsoft to raise up to $25 billion in bond market as investors get pickier about AI debt binge

What’s the first thing most people do with their 401(k) after they retire? Nothing.