Why Oil Markets Fell Back on Fundamentals Despite Rising Geopolitical Noise ...Middle East

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Why Oil Markets Fell Back on Fundamentals Despite Rising Geopolitical Noise
source : OILPRICE ( Middle East ) () 32
From Monday, January 19, through Thursday, January 22, 2026, WTI crude oil moved on geopolitical noise, U.S. inventory surprises, and shifting demand assumptions. The early week brought geopolitical headlines that traders briefly entertained, but by mid-week, the story was all about supply-side pressure - specifically, those U.S. inventory numbers that just wouldn't quit. The week became an exercise in risk recalibration as headline risks failed to deliver actual supply disruptions. Late Thursday, Light Crude Oil Futures are trading $59.60, up…

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