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Pessimistic
Article CNBC Economy

Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so

CNBC Economy March 16, 2026 · 12:28 pm Read Original
Neutral 0.0
−100 Bearish 0 +100 Bullish

Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.

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Article Info
Source CNBC Economy
Published Mar 16, 2026 · 12:28 pm
Article ID kfa255m
Original URL Open source
Sentiment Signal
Neutral 0.0
−100Neutral+100
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