WTI Crude Oil Prices Fall Below $93, Market Sentiment Recovers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 16 2026
0mins
Reports that the easing chokehold on a critical global energy supply that is the Straight of Hormuz helped sentiment recover on Monday as WTI Crude Oil prices fell over $7 below $93 per barrel and major indices bounced for the first time in five trading sessions. Some of the higher-beta areas of the market outperformed and even Energy names traded firmer, while the more defensively oriented consumer staples underperformed. Tech Hardware and Semis were especially strong, with names like Sandiskup 6.4% and Micronup 3.7% approaching 2026 highs.In the opening hour of the evening session, sentiment is less exuberant - both S&P 500 and Nasdaq 100 futures are down by over a decimal. WTI has also come off its Monday lows to trade above $94.50, while precious metals are seeing little volatility as USD rally appears to have stalled.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Babcock & Wilcox Enterprisesup 8.5%ALSO HIGHER -New Era Energy & Digitalup 8.9% after naming new CFODOWN AFTER EARNINGS -Bakktdown 6.6%Ampco-Pittsburghdown 6.0%ALSO LOWER -LENSARdown 24.2% after terminating Alcon mergerRhythm Pharmaceuticalsdown 5.0% after announcing EMANATE trial substudies did not meet primary endpoints
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BW?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BW
Wall Street analysts forecast BW stock price to fall
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 11.320
Low
9.00
Averages
9.00
High
9.00
Current: 11.320
Low
9.00
Averages
9.00
High
9.00
About BW
Babcock & Wilcox Enterprises, Inc. is a provider of renewable, environmental and thermal technologies for industrial, electrical utility, municipal and other customers. The Company operates through three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. Its Babcock & Wilcox Renewable segment offers technologies for environmentally sustainable power and heat generation, including waste-to-energy, oxygen-fired biomass-to-energy and black liquor systems for the pulp and paper industry. Its Babcock & Wilcox Environmental segment provides emissions control and environmental technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around the world. Its Babcock & Wilcox Thermal segment provides steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil and gas, and industrial sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investigation into Babcock & Wilcox Directors' Fiduciary Duties
- Shareholder Rights Investigation: Bernstein Liebhard LLP is investigating whether certain directors and officers of Babcock & Wilcox Enterprises, Inc. (NYSE: BW) breached their fiduciary duties, particularly concerning shares purchased before November 5, 2025.
- Legal Consultation Opportunity: Shareholders holding Babcock & Wilcox stock can discuss their legal rights and options by contacting Investor Relations Manager Peter Allocco at (212) 951-2030, providing a direct avenue for affected investors to seek guidance.
- Law Firm Background: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for clients, and its recognition as a “Plaintiffs’ Hot List” firm by The National Law Journal highlights its expertise in protecting investor rights.
- Litigation Success Rate: The firm has been acknowledged for successfully litigating hundreds of lawsuits and class actions, being listed in The Legal 500 for sixteen consecutive years, which underscores its influence and credibility in the legal field.
See More
Investigation into Babcock & Wilcox Shareholder Rights
- Shareholder Rights Investigation: Bernstein Liebhard LLP is investigating whether certain directors and officers of Babcock & Wilcox Enterprises, Inc. (NYSE: BW) breached their fiduciary duties, particularly concerning shares purchased before November 5, 2025.
- Legal Consultation Opportunity: Shareholders holding Babcock & Wilcox stock who wish to discuss their legal rights and options can visit the relevant website or contact the Investor Relations Manager, indicating the company's commitment to shareholder rights.
- Law Firm Background: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for clients, representing individual investors and large public and private pension funds, showcasing its expertise in investor rights protection.
- Industry Recognition: The firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and has been listed in The Legal 500 for sixteen consecutive years, reflecting its influence and credibility in the legal field.
See More
Class Action Filed Against Babcock & Wilcox Enterprises, Inc.
- Class Action Initiation: A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. (NYSE:BW) for investors who purchased securities between November 5, 2025, and March 11, 2026, indicating significant investor concern over potential losses.
- Legal Representation: Pomerantz LLP, recognized as a leading firm in securities class litigation with over 85 years of experience, focuses on fighting for the rights of victims of securities fraud and corporate misconduct, showcasing strong legal backing for the case.
- Investor Contact Information: Investors who believe they have incurred losses during the specified period are advised to contact Danielle Peyton, with specific contact details provided, demonstrating the legal team's proactive support for affected investors.
- Historical Success: Pomerantz LLP has previously recovered multimillion-dollar damages for class members, emphasizing its expertise and success rate in securities litigation, which may encourage more affected investors to join the lawsuit.
See More
NuScale Power Shares Surge 13.5% Amid New Contract Announcement
- Significant Price Surge: NuScale Power Corporation (SMR) shares rallied 13.5% in the last trading session to close at $11.74, with trading volume notably higher than typical, reflecting optimistic market sentiment regarding its future prospects.
- New Contract Announcement: The company signed a new contract with Paragon, a division of Mirion Technologies, to finalize the design of the Highly Integrated Protection System (HIPS), marking steady progress in its commercialization roadmap for small modular reactor technology.
- Rising Electricity Demand: The rally occurred against a backdrop of increasing investor sentiment towards nuclear power developers, driven by rising electricity demand from AI data centers and the growing need for reliable carbon-free baseload power, further boosting NuScale's stock price.
- Earnings Forecast: NuScale is expected to report a quarterly loss of $0.13 per share with revenues projected at $1 million, down 87.6% year-over-year; nevertheless, the market remains focused on its potential for future profitability despite these challenges.
See More
Nuclear Energy Market Recovery: Three Companies Set to Benefit
- Market Recovery Outlook: The International Energy Agency forecasts that global nuclear capacity could increase by over 50% from 2025 to 2050, presenting significant market opportunities for companies like Cameco, BWX Technologies, and Oklo, especially as governments push for decarbonization initiatives.
- Cameco's Growth Potential: Cameco accounted for 15% of global uranium production in 2025, and despite facing a price drop from $62.25 to $35.00, the rebound to $84.18 by the end of 2023 has significantly improved profitability, further enhanced by its acquisition of Westinghouse Electric for business diversification.
- BWX's Market Positioning: As North America's only large-scale producer of nuclear components, BWX Technologies not only focuses on naval reactor systems but is also developing modular microreactors, positioning itself to benefit from the growing demand for smaller nuclear reactors, thereby strengthening its competitive edge in the nuclear market.
- Oklo's Innovative Model: Oklo's Aurora microreactor generates only 1.5 MWe individually but can be combined to achieve up to 75 MWe, and its closed-loop fuel recycling system allows for a decade of operation without refueling, showcasing a unique competitive advantage in the nuclear energy sector.
See More
Babcock & Wilcox Faces Class Action Lawsuit Over Misleading Statements
- Class Action Initiated: Safirstein Law LLC has announced a class action lawsuit against Babcock & Wilcox Enterprises, Inc. on behalf of investors who purchased shares between November 5, 2025, and March 11, 2026, reflecting serious concerns about the company's future prospects.
- False Statements Exposed: The complaint alleges that B&W misled investors by promoting a purported $2.4 billion power generation contract while failing to disclose the close ties between its largest shareholder, BRC Group Holdings, and the counterparty, leading to decisions made under asymmetric information.
- Stock Price Plummet: Following a short seller report that revealed these undisclosed relationships, B&W's stock price fell by $1.71, or 11.59%, closing at $13.05 on March 12, 2026, resulting in significant losses for investors who bought shares at artificially inflated prices.
- Investor Protection Advocacy: The lawsuit underscores the vulnerability of investors facing corporate misinformation, with Safirstein Law LLC providing contact information to encourage affected shareholders to participate in the litigation to protect their rights.
See More
Investigation into Babcock & Wilcox Directors' Fiduciary Duties
- Shareholder Rights Investigation: Bernstein Liebhard LLP is investigating whether certain directors and officers of Babcock & Wilcox Enterprises, Inc. (NYSE: BW) breached their fiduciary duties, particularly concerning shares purchased before November 5, 2025.
- Legal Consultation Opportunity: Shareholders holding Babcock & Wilcox stock can discuss their legal rights and options by contacting Investor Relations Manager Peter Allocco at (212) 951-2030, providing a direct avenue for affected investors to seek guidance.
- Law Firm Background: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for clients, and its recognition as a “Plaintiffs’ Hot List” firm by The National Law Journal highlights its expertise in protecting investor rights.
- Litigation Success Rate: The firm has been acknowledged for successfully litigating hundreds of lawsuits and class actions, being listed in The Legal 500 for sixteen consecutive years, which underscores its influence and credibility in the legal field.
See More
Investigation into Babcock & Wilcox Shareholder Rights
- Shareholder Rights Investigation: Bernstein Liebhard LLP is investigating whether certain directors and officers of Babcock & Wilcox Enterprises, Inc. (NYSE: BW) breached their fiduciary duties, particularly concerning shares purchased before November 5, 2025.
- Legal Consultation Opportunity: Shareholders holding Babcock & Wilcox stock who wish to discuss their legal rights and options can visit the relevant website or contact the Investor Relations Manager, indicating the company's commitment to shareholder rights.
- Law Firm Background: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for clients, representing individual investors and large public and private pension funds, showcasing its expertise in investor rights protection.
- Industry Recognition: The firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and has been listed in The Legal 500 for sixteen consecutive years, reflecting its influence and credibility in the legal field.
See More
Class Action Filed Against Babcock & Wilcox Enterprises, Inc.
- Class Action Initiation: A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. (NYSE:BW) for investors who purchased securities between November 5, 2025, and March 11, 2026, indicating significant investor concern over potential losses.
- Legal Representation: Pomerantz LLP, recognized as a leading firm in securities class litigation with over 85 years of experience, focuses on fighting for the rights of victims of securities fraud and corporate misconduct, showcasing strong legal backing for the case.
- Investor Contact Information: Investors who believe they have incurred losses during the specified period are advised to contact Danielle Peyton, with specific contact details provided, demonstrating the legal team's proactive support for affected investors.
- Historical Success: Pomerantz LLP has previously recovered multimillion-dollar damages for class members, emphasizing its expertise and success rate in securities litigation, which may encourage more affected investors to join the lawsuit.
See More
NuScale Power Shares Surge 13.5% Amid New Contract Announcement
- Significant Price Surge: NuScale Power Corporation (SMR) shares rallied 13.5% in the last trading session to close at $11.74, with trading volume notably higher than typical, reflecting optimistic market sentiment regarding its future prospects.
- New Contract Announcement: The company signed a new contract with Paragon, a division of Mirion Technologies, to finalize the design of the Highly Integrated Protection System (HIPS), marking steady progress in its commercialization roadmap for small modular reactor technology.
- Rising Electricity Demand: The rally occurred against a backdrop of increasing investor sentiment towards nuclear power developers, driven by rising electricity demand from AI data centers and the growing need for reliable carbon-free baseload power, further boosting NuScale's stock price.
- Earnings Forecast: NuScale is expected to report a quarterly loss of $0.13 per share with revenues projected at $1 million, down 87.6% year-over-year; nevertheless, the market remains focused on its potential for future profitability despite these challenges.
See More
Nuclear Energy Market Recovery: Three Companies Set to Benefit
- Market Recovery Outlook: The International Energy Agency forecasts that global nuclear capacity could increase by over 50% from 2025 to 2050, presenting significant market opportunities for companies like Cameco, BWX Technologies, and Oklo, especially as governments push for decarbonization initiatives.
- Cameco's Growth Potential: Cameco accounted for 15% of global uranium production in 2025, and despite facing a price drop from $62.25 to $35.00, the rebound to $84.18 by the end of 2023 has significantly improved profitability, further enhanced by its acquisition of Westinghouse Electric for business diversification.
- BWX's Market Positioning: As North America's only large-scale producer of nuclear components, BWX Technologies not only focuses on naval reactor systems but is also developing modular microreactors, positioning itself to benefit from the growing demand for smaller nuclear reactors, thereby strengthening its competitive edge in the nuclear market.
- Oklo's Innovative Model: Oklo's Aurora microreactor generates only 1.5 MWe individually but can be combined to achieve up to 75 MWe, and its closed-loop fuel recycling system allows for a decade of operation without refueling, showcasing a unique competitive advantage in the nuclear energy sector.
See More
Babcock & Wilcox Faces Class Action Lawsuit Over Misleading Statements
- Class Action Initiated: Safirstein Law LLC has announced a class action lawsuit against Babcock & Wilcox Enterprises, Inc. on behalf of investors who purchased shares between November 5, 2025, and March 11, 2026, reflecting serious concerns about the company's future prospects.
- False Statements Exposed: The complaint alleges that B&W misled investors by promoting a purported $2.4 billion power generation contract while failing to disclose the close ties between its largest shareholder, BRC Group Holdings, and the counterparty, leading to decisions made under asymmetric information.
- Stock Price Plummet: Following a short seller report that revealed these undisclosed relationships, B&W's stock price fell by $1.71, or 11.59%, closing at $13.05 on March 12, 2026, resulting in significant losses for investors who bought shares at artificially inflated prices.
- Investor Protection Advocacy: The lawsuit underscores the vulnerability of investors facing corporate misinformation, with Safirstein Law LLC providing contact information to encourage affected shareholders to participate in the litigation to protect their rights.
See More
