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Oil Prices 16 January 2026 - 22 January 2026

Brent oil price slips to $64 as risk premium ebbs; U.S. inventories loom

Brent oil price slips to $64 as risk premium ebbs; U.S. inventories loom

London, January 22, 2026, 12:00 GMT — Regular session Brent crude futures dropped $1.07, or 1.6%, to $64.17 a barrel by 1123 GMT Thursday, while U.S. West Texas Intermediate for March slid $1.02, or 1.7%, to $59.60. The oil price pullback came after a two-day rally boosted by a Kazakhstan outage. President Donald Trump eased tensions by softening his Greenland tariff threats and expressing hope to avoid further U.S. military action in Iran. According to market sources citing the American Petroleum Institute, U.S. crude stocks increased by 3.04 million barrels and gasoline inventories rose 6.21 million last week. Saxo Bank’s Ole Hansen noted “there is a deflation of risk premium,” and Haitong Futures analyst Yang An pointed to “high crude inventories limiting further gains.”
22 January 2026
Crude oil prices slip today: Brent and WTI ease as traders brace for U.S. inventory data

Crude oil prices slip today: Brent and WTI ease as traders brace for U.S. inventory data

London, January 22, 2026, 11:47 AM — Regular session Crude oil prices slipped on Thursday following two days of gains as traders pared back bets on geopolitical tensions involving Greenland and Iran. Brent futures dropped 61 cents, or 0.9%, to $64.63 a barrel by 0954 GMT. Meanwhile, U.S. West Texas Intermediate for March slid 54 cents, also 0.9%, settling at $60.08. Ole Hansen, chief commodity analyst at Saxo Bank, described the move as a “deflation of risk premium.” Tony Sycamore at IG added that oil “should hold at around $60 a barrel.”
22 January 2026
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Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

London, January 22, 2026, 11:41 GMT — Regular session Oil prices gave back two days of gains on Thursday, slipping as traders eased concerns over geopolitical risks. By 0954 GMT, Brent crude dropped 61 cents, or 0.9%, to $64.63 a barrel. Meanwhile, U.S. West Texas Intermediate crude for March slid 54 cents, also down 0.9%, to $60.08. Ole Hansen, chief commodity analyst at Saxo Bank, described the move as a “deflation of risk premium” amid cooling headlines from Greenland and Iran.
22 January 2026
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Brent crude price steadies near $64 as Greenland tariff threat collides with China demand hopes

Brent crude price steadies near $64 as Greenland tariff threat collides with China demand hopes

London, Jan 20, 2026, 12:19 GMT — Regular session. Brent crude futures held a small gain on Tuesday, trading near $64 a barrel as investors weighed U.S. tariff threats against Europe over Greenland while a softer dollar and steadier growth expectations limited the downside. Brent March futures gained 23 cents, or 0.36%, to $64.17 a barrel by 1126 GMT, while U.S. West Texas Intermediate rose 13 cents, or 0.2%, to $59.57.
20 January 2026
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TSX ends week at fresh records after Canada-China trade deal and oil rebound — CPI next

TSX ends week at fresh records after Canada-China trade deal and oil rebound — CPI next

Toronto, January 16, 2026, 18:43 EST — Market closed Canada’s benchmark S&P/TSX Composite closed at a record 33,040.55 on Friday, up 0.04% on the day and 1.3% for the week. Energy rose 0.9% as U.S. crude settled up 0.4% at $59.44, and Prime Minister Mark Carney said an initial Canada-China trade deal would cut tariffs on electric vehicles and canola. Edward Jones strategist Angelo Kourkafas said “markets are rational” as interest-rate swaps, a derivatives market, priced two U.S. rate cuts this year; MDA Space jumped 14.5% after Morgan Stanley lifted its rating to “overweight,” meaning it expects the stock to outperform.
17 January 2026
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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

  • Proteomics International (ASX: PIQ) Soars 28% on Friday as Investors React to Regulatory and Commercial Moves
    July 3, 2026, 12:16 AM EDT. Shares of Proteomics International Laboratories Ltd (ASX: PIQ) shot up 28.13% to AUD 0.20 on Friday after the company announced steps forward in its precision diagnostics and proteomics technology platform. The move comes as PIQ works on expanding its commercial footprint, securing regulatory clearances, and building up globally. The company said it's working to grow product adoption through new partnerships and continued research. Main push comes from recent regulatory progress, wider distribution, and more money going into new projects. But the company still faces regulatory risk, rivals, funding questions, and tough broader markets as a small-cap. Investors are tracking news on commercial deals and the next round of regulatory news that could move the stock again.
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