January 14, 2026
‎Oil prices rise, head for weekly loss

Oil drilling rigs

Oil prices edged higher on Friday, aided by concerns over potential supply disruptions from Venezuela, though crude remains on track for weekly losses as markets weigh the likelihood of a Russia-Ukraine peace deal.

Brent crude futures for February 2026 rose 0.8% (50 cents) to $61.78 a barrel at 09:01 am Riyadh time…
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