The last time oil spiked like this, the world escaped recession. Why the risks are higher this time. By: MarketWatch March 02, 2022 at 06:54 AM EST Here are the similarities, and differences, from the last time oil spiked higher, in 2011. Read More >> Related Stocks: AMC Entertainment Holdings Alphabet-A Amazon.com Apple Digital World Acquisition Corp Cl A Exxon Mobil Facebook GameStop Corp Hewlett Packard Enterprise Comp Microsoft Mullen Automotive, Inc. - Common Stock NVIDIA Corp Netflix Nio Inc ADR Nordstrom Sofi Technologies Inc Tesla, Inc.