WTI Price Forecast: Oil struggles below $60 as bullish momentum fades

West Texas Intermediate (WTI) edges lower on Thursday, giving back this week’s gains as geopolitical risk premiums fade after US President Donald Trump softened his rhetoric on Iran, easing fears of imminent military action.

capitalindexers
capitalindexers
 Jan 16, 2026  0  0
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WTI Price Forecast: Oil struggles below $60 as bullish momentum fades
West Texas Intermediate (WTI) edges lower on Thursday, giving back this week’s gains as geopolitical risk premiums fade after US President Donald Trump softened his rhetoric on Iran, easing fears of imminent military action.
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