Oil prices today: Brent, WTI tick up as U.S. winter storm squeezes supply, OPEC+ eyed
NEW YORK, Jan 27, 2026, 06:58 EST — Premarket Oil prices ticked up Tuesday as a winter storm disrupted U.S. crude output and refinery activity. Brent futures climbed 23 cents, or 0.35%, settling at $65.82 a barrel, while U.S. West Texas Intermediate added 29 cents, or 0.48%, to $60.92 by 5:17 a.m. ET. Tamas Varga, an oil analyst at PVM brokerage, noted, “The cold weather in the U.S. will likely cause quite significant drawdowns in oil stocks.” Traders also watched for signs of supply returning from Kazakhstan.