Oil markets are swinging between gains and losses amid rising geopolitical risks.

Oil Price News: Don't Miss the Next WTI Upturn

10:45am, Monday, 19'th Jan 2026
In this report, I will analyse the Hamm's Bakken shutdown, BP's green write-downs, the US–EU Greenland tariff dispute and a significant WTI COT short setup. I will then provide my insights on the im
WTI crude slips to $59.06 as Iran tensions ease. $58.3 support may spark rebound, while tariffs and supply risks shape oil outlook
Traders believe that the risks of a U.S. strike against Iran persist.
Donald Trump's comments indicated that U.S. should not attack Iran in the near term.
Here is how National Energy Services Reunited (NESR) and W&T Offshore (WTI) have performed compared to their sector so far this year.
The West Texas Intermediate crude oil prices slipped back below the $60 per barrel level as geopolitical tensions eased.  Both oil benchmarks, WTI and Brent, fell more than 4% at one point during Thu
Oil markets wait for the potential U.S. attack on Iran.
Rising geopolitical tensions pushed oil prices to multi-week highs.
The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per ​barrel since the U.S. ousted Venezuelan President Nicolas Maduro on January 3 and took control of the Sou
Oil markets move higher at the start of the week.
Oil prices edge higher on breakout strength in WTI and Brent, but forecasts warn of 2026 oversupply as natural gas tests critical support near $3.13.
Protests in Iran provide additional support to oil markets.
U.S. hunt for Venezuela-linked tankers and unrest in Iran raise supply worries.
PSX, WTI and OII could benefit as oil market volatility reveals selective opportunities amid mixed inventory signals.
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