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    • Oil Prices Rise Slightly in Early Asian Trading

    By on January 19, 2026
    crude oil
    crude oil

    Oil Prices Edge Higher Following Previous Session Gains

    Singapore:  Oil prices edged higher today, extending gains from the previous trading session amid cautious optimism in global energy markets.

    Brent crude futures rose by 6 cents, or 0.09 percent, to $64.19 per barrel.

    US West Texas Intermediate (WTI) crude for February delivery increased by 9 cents, or 0.15 percent, to $59.53 per barrel. The February contract is set to expire tomorrow, Tuesday.

    Meanwhile, the more actively traded March WTI contract gained 5 cents, or 0.08 percent, to $59.39 per barrel.

    Market movements reflected a balance between supply considerations and broader economic and geopolitical developments influencing energy demand expectations.

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