CRUDE WRAP: WTI (H6) SETTLES USD 0.82 HIGHER AT USD 63.21/BBL; BRENT (H6) SETTLES USD 0.83 HIGHER AT USD 68.40/BBL

The slight uptick in WTI and Brent crude prices suggests a modest increase in market optimism or demand driven by recent supply dynamics or geopolitical factors.

Newsquawk StaffPublished 28 Jan 2026, 19:52 UTCOn the live feed at 19:32 UTC — 12 more headlines followed before this page went public

Newsquawk headlinesUTC

19:36

Fed Chair Powell (Q&A) says getting through the data distortions from the shutdown, distortions in data is no longer material

19:36

Fed Chair Powell (Q&A) says case of Fed’s Cook is perhaps the most important case in the Fed’s legal history

19:32

CRUDE WRAP: WTI (H6) SETTLES USD 0.82 HIGHER AT USD 63.21/BBL; BRENT (H6) SETTLES USD 0.83 HIGHER AT USD 68.40/BBL

19:31

Fed Chair Powell (post-meeting statement) says US economy is on a firm footing

19:28

Motiva restarts large coker at Port Arthur, Texas refinery

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Context

As traders look ahead, this could reflect broader expectations regarding economic activity and its impact on energy consumption, which is important for inflation and market risk sentiment.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

Immediate upside seen in oil following these reports.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

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