Tag: global oil market

Crude slipped 2% and natural gas prices dropped

  • January 22, 2026

Crude prices retreat after geopolitical pressure eases Crude oil prices fell about 2% on Thursday after President Donald Trump appeared to soften earlier comments about acquiring Greenland and taking potential military action against Iran following its violent crackdown on anti-government protesters. Markets had been reacting earlier this week to heightened geopolitical risk tied to Iran …

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Energy Briefs: Oil Supply, Power Rates, Global Markets

  • January 21, 2026

United States ** The Texas oil industry is bracing for potential margin pressure as President Trump pledges to push crude prices toward $50 per barrel and increase U.S. access to Venezuelan oil, a move analysts say could make breakeven economics even more challenging for producers. ** In her first official action as governor, New Jersey …

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