Greenland Tariffs Trigger Oil-Price Volatility and Energy Stocks
TL;DR Summary
Oil prices swung between gains and losses on Jan. 19 as the U.S.-Europe standoff over Greenland raised tariff fears, with Brent around $64.21 and WTI near $59.63 a barrel at midday; while Iran supply risks eased after no U.S. military action, the volatility continued to impact energy stocks CVX, OXY, and XOM, with Chevron (CVX) showing a Strong Buy consensus and upside potential.
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- Oil Steadies With Greenland Crisis and Surplus Concerns in Focus Bloomberg.com
- Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders Evaluate Trump’s Tariff Threats FXEmpire
- West of Suez: Crude, LSGO futures drift lower as tariff fears return Quantum Commodity Intelligence
- The Commodities Feed: Markets poised for a risk-off day ING THINK economic and financial analysis | ING Think
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