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EPA:MAU News 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…
16 January 2026
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Stock Market Today

  • Strathcona Resources Shares Fall Below 50-Day Moving Average Amid Mixed Analyst Ratings
    February 6, 2026, 12:10 PM EST. Shares of Strathcona Resources Ltd. (TSE:SCR) dropped below its 50-day moving average of C$32.28, trading as low as C$26.53. The stock last traded at C$27.15 on Thursday, with 287,608 shares changing hands. Analyst opinions vary: TD Securities and National Bank of Canada issue bullish outlooks with target prices of C$36.00 and strong-buy ratings, while Royal Bank of Canada and Jefferies suggest more cautious views. The company recently paid a quarterly dividend of C$0.30, yielding 4.4%. Strathcona Resources, a Canadian oil and gas producer focused on thermal oil and enhanced recovery, holds a market cap of C$5.87 billion. Its price-to-earnings ratio stands at 5.35, with a high beta of 2.61, indicating increased volatility.
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