
Jan 8, 2026
DAILY (08.01.2026): German spot hits over one-month high on cold weather, weak wind, strong demand
Oil prices extended losses on Wednesday, as oversupply concerns dominated despite a larger-than-expected draw in U.S. crude stocks and ongoing geopolitical tensions following the U.S. seizure of two tankers carrying Venezuelan oil. Brent crude slipped by 1.2% to $59.96 per barrel, while WTI crude dropped by 2% to $56 per barrel...













