{"id":68793,"date":"2026-01-16T09:39:29","date_gmt":"2026-01-16T09:39:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/16\/oil-prices-rebound-after-steep-losses\/"},"modified":"2026-01-16T09:39:29","modified_gmt":"2026-01-16T09:39:29","slug":"oil-prices-rebound-after-steep-losses","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/16\/oil-prices-rebound-after-steep-losses\/","title":{"rendered":"Oil Prices Rebound After Steep Losses"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Oil prices were moving higher on Friday after falling sharply in the previous session on easing Iran-U.S. tensions. <\/p>\n<p>Benchmark Brent crude futures jumped 0.9 percent to $64.33 a barrel while WTI crude futures were up 0.9 percent at $59.73.<\/p>\n<p>Both contracts settled down over 4 percent on Thursday after U.S. President Donald Trump apparently loosened his stance, claiming that there were no further killings in Iran and that executions of Iranian protestors were halted. <\/p>\n<p>His wait-and-see posture toward Iran protests allayed worries about possible military action that could disrupt oil supplies.<\/p>\n<p>Later at the UNSC meet, the American envoy renewed threats against the Islamic Republic. &#8220;Colleagues, let me be clear: President Trump is a man of action, not endless talk like we see at the United Nations,&#8221; Mike Waltz, US ambassador to the UN, said in a statement.<\/p>\n<p>&#8220;All options are on the table to stop the slaughter. And no one should know that better than the leadership of the Iranian regime,&#8221; he said.<\/p>\n<p>Meanwhile, Greenland worries returned to the fore, with media reports suggesting that European troops are landing in the country to defend it against real U.S. military threat.<\/p>\n<p>The deployment of troops from several European countries and other North Atlantic Treaty Organization (NATO) allies was announced after high-level negotiations between Denmark and U.S. officials ended in stalemate on Thursday. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Oil Prices Rebound After Steep Losses<\/a><br \/>\n<br \/>2026-01-16 09:39:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices were moving higher on Friday after falling sharply in the previous session on easing Iran-U.S. tensions. Benchmark Brent crude futures jumped 0.9 percent to $64.33 a barrel while&#8230;<\/p>\n","protected":false},"author":2,"featured_media":68794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-68793","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=68793"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68794"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}