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BIT:ENI 16 January 2026

Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

London, January 16, 2026, 11:57 GMT — Regular session Oil prices nudged up on Friday, recovering after a steep drop the previous day as traders balanced persistent supply concerns with dwindling hopes of imminent U.S. military strikes on Iran. By 1000 GMT, Brent crude climbed 50 cents, or 0.78%, reaching $64.26 a barrel and looked set for its fourth weekly gain. U.S. West Texas Intermediate rose 48 cents, or 0.81%, to $59.67. Analysts at BMI flagged that Iran’s political unrest could trigger “greater volatility,” while IG noted any flare-up would shift focus back to the Strait of Hormuz, a crucial route for around 20 million barrels daily.
16 January 2026
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Stock Market Today

  • Goldman Sachs Sees AI Sector Leverage at $1.4 Trillion as Rally Drives Risks
    July 1, 2026, 7:17 AM EDT. Goldman Sachs is flagging $1.4 trillion in leveraged bets across U.S. stocks, most of it in names tied to AI. The bank says margin debt now makes up 1.8% of U.S. equities and warns that this adds real risk if the market turns and triggers forced selling. Margin borrowing in Japan now tops $30 billion, the most since 2008. Big tech-the 'Magnificent Seven'-has lagged, pressured by crowding, cautious Fed signals and rising costs. Wells Fargo sees delayed AI IPOs as a bullish sign, pointing to stronger adoption trends that could lift demand and push the AI cycle further despite higher leverage.
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