A Chilly Ceasefire. The Energy Report 01/30/2026

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A Chilly Ceasefire. The Energy Report 01/30/2026

blog.pricegroup

4 months ago

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Oil prices for Brent crude were on track for their biggest monthly increase since January 2022, while West Texas Intermediate was set for its largest monthly gain since July 2023. These gains have paused amid prospects of a chilly ceasefire between Russia and Ukraine and the possibility that an attack on Iran might not occur, as the Trump administration opens the door for talks on Iran’s nuclear program. In addition, there is historic news out of Venezuela, where acting President Elsie Rodriguez...

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