Global energy \& chemicals, week of Jan 5--11, 2026: oil edged up on geopolitical risk, but oversupply still capped the move 📌 The week saw moderate volatility, with crude prices firmer but still confined by a 2026 oversupply narrative. WTI mostly held around $55--60/bbl and Brent
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Global energy \& chemicals, week of Jan 5--11, 2026: oil edged up on geopolitical risk, but oversupply still capped the move 📌 The week saw moderate volatility, with crude prices firmer but still confined by a 2026 oversupply narrative. WTI mostly held around $55--60/bbl and Brent