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U.S. inventories

A security guard stands near disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan August 22, 2024. REUTERS/Pavel Mikheyev
Jan 22, 2026

Oil slides as Trump tones down threats against Greenland and Iran

LONDON, Jan 22 (Reuters) – Oil prices fell on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.25 cents, or 1.92%, at $63.99 a barrel at 1301 GMT. West Texas Intermediate for March […]

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