On January 21, 2026, global oil price moved sharply lower. Brent crude slid about 1.2% to around $64.16 a barrel, while U.S. West Texas Intermediate (WTI) fell roughly 1% to about $59.75 a barrel in early Asian trade. This drop did not happen for the usual reasons. Traders were unsettled by trade tensions linked to…
Oil price stood mostly steady on January 20, 2026, as global markets reacted to mixed signals from geopolitics and supply data. Brent crude hovered around $64 a barrel, while U.S. West Texas Intermediate stayed close to $59-$60. Prices showed little movement even though traders closely watched unfolding events in Greenland and ongoing worries about a…
Global energy markets saw a notable shift this week as the oil price fell sharply after U.S. President Donald Trump made public remarks that appeared to ease fears of a full-blown military conflict with Iran, calming markets and reducing the geopolitical risk premium previously built into crude prices. Early Asian trading on Thursday saw Brent…
Oil Price slipped today after signs that Russia’s key Black Sea port of Novorossiysk has restarted crude loadings, easing the immediate supply shock from last week’s strike. Brent crude futures for January traded around 63.80 dollars a barrel in Asian hours, down about 0.9 percent, while West Texas Intermediate futures were near 59.47 dollars, off…
The oil price today remains steady as global traders continue to weigh two major forces: rising US crude stockpiles and renewed optimism about a potential trade truce between the United States and China. After days of volatility, the market is showing signs of caution, as investors avoid making big moves before more economic data is…
On Tuesday, October 28, 2025, crude oil prices experienced a notable decline, with Brent crude falling to $64.61 per barrel and West Texas Intermediate (WTI) dropping to $60.19 per barrel. This 2% drop marks the third consecutive day of losses, driven by a combination of factors, including oversupply concerns and the impact of new sanctions…