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Oil Prices Are Seeing Historically Big Price Swings. Market Pros Say There's More to Come.

U.S. crude and Brent prices fell over $5 and $6 respectively after surging 34% since the Middle East conflict began, easing volatility in global equity markets.

Summary by Business Insider
Spencer Platt/Getty ImagesOil prices dropped, but remained volatile, on Tuesday amid updates on the Iran warUS stocks rose as oil fell toward $80, though Brent crude quickly jumped back to $90Volatility in the oil market is at its highest level since the COVID-19 pandemic.Oil prices swung wildly during Tuesday's trading session as investors took in more updates from the Trump administration on the Iran war. Oil prices saw a sudden, sharp decline…

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CBC News broke the news in Canada on Tuesday, March 10, 2026.
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