Oil prices rise, stocks mixed ahead of crucial US inflation data

Oil prices rose again Wednesday and stock markets were mixed, with eyes on the release of key US inflation data that could guide the Federal Reserve on its plans for interest rates.Both main crude contracts rose Wednesday, and have risen around 14 percent in the past week.

Aug 12, 2026 - 05:00
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Oil prices rise, stocks mixed ahead of crucial US inflation data
Oil prices rose again Wednesday and stock markets were mixed, with eyes on the release of key US inflation data that could guide the Federal Reserve on its plans for interest rates.Both main crude contracts rose Wednesday, and have risen around 14 percent in the past week.

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