16-January-2026
Corporate News
 
Oil Prices Inch up as Market Evaluates Supply Risks
16-Jan-2026

Oil prices rose slightly on Friday as market participants weighed concerns about supply risks, though the chances of a U.S. strike on Iran have receded. Brent gained 5 cents, or 0.1%, to $63.81 per barrel, while U.S. West Texas Intermediate rose 8 cents, or 0.1%, to $59.27 per barrel at 0749 GMT.

News Source:- https://money.usnews.com/investing/news/articles/2026-01-15/oil-flat-as-chances-of-us-strike-on-iran-recedes