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, Inc. Class A Common Stock Alphabet-A Amazon.com Apple Digital World Acquisition Corp. - Class A Common Stock Exxon Mobil Facebook GameStop Corp Hewlett Packard Enterprise Company Common Stock Microsoft Mullen Automotive, Inc. - Common Stock NIO Inc. American depositary shares NVIDIA Corp Netflix Nordstrom SoFi Technologies, Inc. - Common Stock Tesla, Inc.