Corporate America grapples with huge oil price swings

美国企业界面临巨大油价波动之困扰

FT News Briefing

2026-03-11

11 分钟
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Oracle’s shares climbed 9 per cent on Tuesday after the database group posted better than expected earnings, and we discuss how American businesses are navigating soaring energy prices. Plus, the higher costs to insure tankers traversing the Strait of Hormuz, and the FT’s Antoine Gara explains why investors are ditching private credit funds.   Mentioned in this podcast: Oracle shares rally on strong revenue forecast from AI data centres Soaring fuel prices expected to cast long shadow across US economy Lloyd’s of London says it will still insure ‘basically anyone’ in the Gulf Investors ditch private credit funds on rising worries over bad loans Retail investors shun private credit funds after Blue Owl gating Note: The FT does not use generative AI to voice its podcasts  Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon, Victoria Craig, Sonja Hutson and Saffeya Ahmed. Our show was mixed by Kent Militzer. Additional help from David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Good morning from the Financial Times.

  • Today is Wednesday, March 11th, and this is your FT News Briefing.

  • The good times seem

  • like they're going to keep rolling for Oracle and corporate America is bracing for higher for longer oil prices.

  • Plus the private credit market is a mess right now, but it could be worse.

  • The positive is that all of this risky lending on Wall Street is outside of the banking system and isn't immediately something that has spilled over into the broader market.

  • I'm Mark Filippino and here's the news you need to start your day.

  • Oracle shares surged after the bell yesterday on a better than expected earnings report.

  • The database company co-founded by billionaire Larry Ellison said revenue last quarter jumped 22% from the year prior to more than $17 billion.

  • Oracle also boosted its revenue forecast for next fiscal year.