- Miguel Riopa/Agence France-Presse/Getty ImagesOil prices jumped and U.S. stock futures retreated Thursday, as the International Energy Agency slashed its forecast for oil-supply growth this year. The IEA said it expects oil supply to grow by just 1.1 million barrels a day this year, down from a previous forecast of 2.4 million barrels. Most Read from The Wall Street JournalA record release of strategic oil reserves announced Wednesday failed to halt a run-up in oil prices, and Brent crude futures were approaching $100 a barrel again on Thursday. U.S. stock futures retreated modestly. Write to Caitlin McCabe at caitlin.mccabe@wsj.comMost Read from The Wall Street Journal

Source: Wall Street Journal March 12, 2026 12:27 UTC