COMMODITY
Crude oil futures settle higher on Friday
Jan-17-2026

Crude oil futures ended higher on Friday after falling sharply in the previous session on easing Iran-U.S. tensions. Traders weighed the continuing risks after reports indicated that the U.S. is consolidating its forces in the Middle East. Meanwhile, Greenland worries returned to the fore, with reports suggesting that European troops are landing in the country to defend it against real U.S. military threat.

Benchmark crude oil futures for February delivery rose $0.11 or 0.19% to settle at $59.30 a barrel on the New York Mercantile Exchange. Brent crude for March delivery increased $0.37 or 0.58% to settle at $64.13 a barrel on London's Intercontinental Exchange.

  RELATED NEWS >>