BAKU, Azerbaijan, January 14. US commercial
crude oil inventories increased by 3.4 million barrels over the
past week, reaching 422.4 million barrels as of January 9, 2026,
Trend reports,
citing the US Department of Energy.
The ministry noted that the current inventory level is 3% below
the five-year average for this time of year.
Against this backdrop, Brent crude futures for March 2026
delivery on the London-based ICE exchange rose by 1.08% to 66.18
dollars per barrel. At the same time, WTI crude futures for
February delivery increased by 1.01% to 61.77 dollars per
barrel.
