Continue Reading
Full article on OilPrice.com
Oil Prices Flat as Iran Supply Risk Fades
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices declined as concerns about Iran's oil supply disruption eased, with WTI Crude trading at $59.16 per barrel, down 0.27% on the day, while traders focus on the potential impact of the US President's comments on Greenland.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Oil prices fell early on Monday as concerns about a potential disruption to Iran’s oil supply in case of U.S. strikes subsided, while traders began to assess the next geopolitical flashpoint U.S. President Donald Trump has created—Greenland. As of 9:53 a.m. ET on Monday, the U.S. benchmark, WTI Crude, had returned to below $60 per barrel, trading at $59.16, down by 0.27% on the day. The price of the U.S. oil has stayed for months very close to the breakeven prices for profitably drilling a new well at many U.S. independent…
Original article published by
OilPrice.com
on January 19, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.