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Oil prices ended January with a first monthly gain in six months, with WTI up 14% and Brent up 16% for the month. The rise followed Venezuela and Iran risks, though the broader supply surplus remains.
Price moves reflect geopolitical risk premiums rather than a change in supply balances, so the rally may fade if risks ease. Energy costs for feed buyers remain volatile.
marketwatch.comMyra P. SaefongFeb 1, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
