{"id":212022,"date":"2026-03-12T09:45:00","date_gmt":"2026-03-12T13:45:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/oil-continues-dictating-sentiment\/"},"modified":"2026-03-13T10:35:41","modified_gmt":"2026-03-13T10:35:41","slug":"oil-continues-dictating-sentiment","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/","title":{"rendered":"Oil continues dictating sentiment"},"content":{"rendered":"\n<p><strong>Briefing.com Summary:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Oil rises back above $90\/bbl<\/li>\n\n\n\n<li>Market eager for more details about IEA&#8217;s emergency reserve release plan<\/li>\n\n\n\n<li>Section 301 tariff investigation begins<\/li>\n<\/ul>\n\n\n\n<p>The stock market put up a fight on Wednesday but ultimately couldn&#8217;t avoid a lower finish as a renewed rise in the price of oil weighed on sentiment. WTI crude is on the rise again this morning, climbing nearly $6.00, or 6.7%, to $93\/bbl amid reports of ongoing transit problems in the Persian Gulf, as multiple tankers were attacked overnight. The advance in oil has kept equity futures pressured with futures on the S&amp;P 500 trading 50 points below fair value.<\/p>\n\n\n\n<p>The International Energy Agency confirmed its plan for a 400-million barrel emergency reserve release yesterday, but the market appears more concerned with how quickly the reserves will be made available than the overall amount.<\/p>\n\n\n\n<p>In other news, U.S. Trade Representative Greer confirmed the opening of a Section 301 investigation into 16 trading partners with the market&#8217;s general assumption being that the investigation will conclude with the replacement of IEEPA tariffs.<\/p>\n\n\n\n<p>Yesterday&#8217;s session saw the release of an in-line CPI report for February while today brought another batch of data, which included reports on housing, employment, and trade.<\/p>\n\n\n\n<p>Total housing starts increased 7.2% month-over-month in January to a seasonally adjusted annual rate of 1.487 million units (Briefing.com consensus 1.340 million), with single-unit starts down 2.8%. Building permits decreased 5.4% to a seasonally adjusted annual rate of 1.376 million (Briefing.com consensus 1.392 million), with single-unit permits down 0.9%.<\/p>\n\n\n\n<p>The key takeaway from the report is that it beat expectations thanks to strong growth in multi-unit starts while single-unit housing starts were down 2.8% month-over-month.<\/p>\n\n\n\n<p>Initial jobless claims for the week ending March 7 decreased by 1,000 to 213,000 (Briefing.com consensus 215,000). Continuing jobless claims for the week ending February 28 decreased by 21,000 to 1.850 million.<\/p>\n\n\n\n<p>The key takeaway from the report is that claims remain just above the 200,000 mark, reflecting a low-firing environment.<\/p>\n\n\n\n<p>The trade deficit narrowed to $54.5 billion in January (Briefing.com consensus -$67.9 billion) from a revised $72.9 billion deficit (from -$70.3 billion) in December. The narrower gap was the result of exports being $15.8 billion more than December exports and imports being $2.6 billion less than December imports.<\/p>\n\n\n\n<p>The key takeaway from the report is that the monthly trade deficit returned to the $50 billion range, which has been a familiar zone since last year&#8217;s implementation of tariffs.<\/p>\n\n\n\n<p>Treasuries have held onto their slim starting losses following the data with the 10-yr yield rising two basis points to 4.22%.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted on March 12, 2026 &#8211; <a href=\"https:\/\/www.briefing.com\/page-one\" target=\"_blank\" rel=\"noreferrer noopener\">Oil continues dictating sentiment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock market put up a fight on Wednesday but ultimately couldn&#8217;t avoid a lower finish as a renewed rise in the price of oil weighed on sentiment. <\/p>\n","protected":false},"author":186,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[146,147,8,12,148,7],"tags":[],"contributors-categories":[412],"class_list":{"0":"post-212022","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-macro","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-text-articles","11":"category-traders-insight","12":"contributors-categories-briefing-com"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oil continues dictating sentiment | Traders&#039; Insight<\/title>\n<meta name=\"description\" content=\"The stock market put up a fight on Wednesday but ultimately couldn&#039;t avoid a lower finish as a renewed rise in the price of oil weighed on sentiment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/212022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil continues dictating sentiment\" \/>\n<meta property=\"og:description\" content=\"The stock market put up a fight on Wednesday but ultimately couldn&#039;t avoid a lower finish as a renewed rise in the price of oil weighed on sentiment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-12T13:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-13T10:35:41+00:00\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"Oil continues dictating sentiment\",\n\t            \"datePublished\": \"2026-03-12T13:45:00+00:00\",\n\t            \"dateModified\": \"2026-03-13T10:35:41+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/\"\n\t            },\n\t            \"wordCount\": 423,\n\t            \"commentCount\": 0,\n\t            \"articleSection\": [\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/\",\n\t            \"name\": \"Oil continues dictating sentiment - IBKR Campus EU\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"datePublished\": \"2026-03-12T13:45:00+00:00\",\n\t            \"dateModified\": \"2026-03-13T10:35:41+00:00\",\n\t            \"author\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"description\": \"The stock market put up a fight on Wednesday but ultimately couldn't avoid a lower finish as a renewed rise in the price of oil weighed on sentiment.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/oil-continues-dictating-sentiment\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Oil continues dictating sentiment\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Oil continues dictating sentiment | Traders' Insight","description":"The stock market put up a fight on Wednesday but ultimately couldn't avoid a lower finish as a renewed rise in the price of oil weighed on sentiment.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/212022\/","og_locale":"en_US","og_type":"article","og_title":"Oil continues dictating sentiment","og_description":"The stock market put up a fight on Wednesday but ultimately couldn't avoid a lower finish as a renewed rise in the price of oil weighed on sentiment.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/","og_site_name":"IBKR Campus EU","article_published_time":"2026-03-12T13:45:00+00:00","article_modified_time":"2026-03-13T10:35:41+00:00","author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Oil continues dictating sentiment","datePublished":"2026-03-12T13:45:00+00:00","dateModified":"2026-03-13T10:35:41+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/"},"wordCount":423,"commentCount":0,"articleSection":["Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/","name":"Oil continues dictating sentiment - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"datePublished":"2026-03-12T13:45:00+00:00","dateModified":"2026-03-13T10:35:41+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"description":"The stock market put up a fight on Wednesday but ultimately couldn't avoid a lower finish as a renewed rise in the price of oil weighed on sentiment.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/oil-continues-dictating-sentiment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Oil continues dictating sentiment"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/212022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=212022"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/212022\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=212022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=212022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=212022"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=212022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}