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Hydrocarbons: oil is getting firmer

19/01/2026
Source : ORISHAS FINANCE
Categories: Raw materials

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This Monday, oil prices fell slightly increased after the increase in the previous session. The murderous repression of Protests in Iran have ended civil unrest and reduced risks of an American attack on this major Middle Eastern producer, likely to disrupt supplies.

The price of Brent crude oil was 64.19 dollars per barrel at 03:27 GMT, up 6 cents or 0.09%.

The American West Texas Intermediate (WTI) barrel for delivery in February rose 9 cents, or 0.15%, to $59.53. This contract expires on Tuesday. The March contract, more active, stood at $59.39, up 5 cents, or 0.08%.

The violent repression of protests in Iran, triggered by economic difficulties and which, according to the authorities, made 5,000 deaths put an end to the unrest.

Crude oil inventories increased by 3.4 million barrels during the week ending January 9, indicated the EIA last week, while analysts polled by Reuters expected a drop of 1.7 million barrels.

Markets are following closely the projects concerning Venezuelan oil fields, after Trump declared that the United States would manage its oil industry after the capture by Nicolas Maduro

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