{"id":68839,"date":"2026-01-19T09:42:24","date_gmt":"2026-01-19T09:42:24","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/19\/oil-prices-slip-as-iran-tensions-ease\/"},"modified":"2026-01-19T09:42:24","modified_gmt":"2026-01-19T09:42:24","slug":"oil-prices-slip-as-iran-tensions-ease","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/19\/oil-prices-slip-as-iran-tensions-ease\/","title":{"rendered":"Oil Prices Slip As Iran Tensions Ease"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Oil prices traded lower on Monday, handing back some of the previous week&#8217;s gains as tensions over Iran cooled and investors monitored the latest developments over Greenland.<\/p>\n<p>Benchmark Brent crude futures fell a little over 1 percent to $63.46 a barrel, while WTI crude futures were down 1 percent at $58.74.<\/p>\n<p>Iran&#8217;s crackdown on protests quelled civil unrest, lowering the chance of an attack that could disrupt supplies from the major Middle Eastern producer.<\/p>\n<p>Iran accounts for a significant share of global output and therefore recent signs that there would be no immediate U.S. military intervention helped reduce risks to supply across the Persian Gulf region.<\/p>\n<p>Attention has now turned to U.S. President Donald Trump&#8217;s threats over Greenland. <\/p>\n<p>Trump today doubled down on his plan to acquire Greenland, saying NATO had warned Denmark for years about the &#8220;Russian threat&#8221; to Greenland and claimed Copenhagen had failed to act.<\/p>\n<p>&#8220;Now it is time, and it will be done!!!&#8221; Trump wrote in a post on his Truth Social platform ahead of this week&#8217;s World Economic Forum Annual Meeting in Davos.<\/p>\n<p>Major European Union states decried the tariff threats over Greenland as blackmail on Sunday, with French President Emmanuel Macron asking the EU to activate its &#8220;anti-coercion&#8221; measure &#8211; dubbed its trade &#8220;bazooka&#8221; &#8211; for the first time, injecting fresh trade uncertainty.<\/p>\n<p>Elsewhere, China entered 2026 with a mixed economic picture. Official data showed China&#8217;s <span class=\"landLinks\">economy<\/span> expanded by 5 percent in 2025, meeting the government&#8217;s annual growth target.<\/p>\n<p>Industrial production growth for December beat expectations but retail sales and fixed asset investment numbers came in below estimates.<\/p>\n<p>The unemployment rate came in at 5.1 percent last month, unchanged from the November reading.<\/p>\n<p>China&#8217;s new bank lending in 2025 slumped to a seven-year low, raising concerns over demand prospects in the country. <\/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 Slip As Iran Tensions Ease<\/a><br \/>\n<br \/>2026-01-19 09:42:24<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices traded lower on Monday, handing back some of the previous week&#8217;s gains as tensions over Iran cooled and investors monitored the latest developments over Greenland. Benchmark Brent crude&#8230;<\/p>\n","protected":false},"author":2,"featured_media":68840,"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-68839","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68839","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=68839"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68840"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}