U.S. Crude Oil Futures Gain 3.5% to Close at $65.42 Per Barrel

0 min read     Updated on 30 Jan 2026, 01:03 AM
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Reviewed by
Radhika SScanX News Team
Overview

U.S. crude oil futures closed at $65.42 per barrel, gaining $2.21 or 3.5% in the trading session. The positive movement demonstrates strong momentum in energy markets and reflects renewed investor interest in oil commodities.

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*this image is generated using AI for illustrative purposes only.

U.S. crude oil futures posted significant gains in the latest trading session, with prices settling at $65.42 per barrel. The energy commodity demonstrated strong momentum, advancing by $2.21 from the previous close, which translates to a substantial 3.5% increase.

Market Performance Summary

The oil futures market showed positive momentum with the following key metrics:

Parameter: Value
Settlement Price: $65.42/BBL
Daily Gain: $2.21
Percentage Increase: 3.5%

Trading Session Highlights

The 3.5% gain represents a notable single-session movement for crude oil futures, indicating strong buying interest in the energy sector. The $2.21 increase brought the settlement price to $65.42 per barrel, marking a positive close for oil market participants.

This price movement reflects the dynamic nature of energy commodity markets, where various factors can influence trading sentiment and price discovery throughout the session.

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U.S. Plans to Return Seized Oil Tanker to Venezuela

0 min read     Updated on 29 Jan 2026, 09:36 AM
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Reviewed by
Shriram SScanX News Team
Overview

The U.S. is preparing to return a seized oil tanker to Venezuela according to sources. This decision represents a significant shift in handling confiscated maritime assets and could signal changes in U.S.-Venezuela relations regarding maritime enforcement actions.

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*this image is generated using AI for illustrative purposes only.

The United States is set to return a previously seized oil tanker to Venezuela, according to sources familiar with the matter. This development marks a notable shift in the handling of maritime assets that were confiscated by U.S. authorities.

Vessel Return Decision

The decision to hand over the oil tanker represents a significant development in U.S.-Venezuela relations regarding maritime enforcement actions. Sources indicate that the transfer process is being prepared, though specific details about the timeline and conditions of the handover have not been disclosed.

Implications for Maritime Operations

The return of the seized vessel could signal changes in how similar cases involving Venezuelan oil tankers are handled by U.S. authorities. This action may have broader implications for the maritime oil transport sector and international shipping operations involving Venezuelan crude oil.

The handover decision comes as part of ongoing developments in the complex relationship between the two countries, particularly regarding energy sector assets and maritime enforcement policies.

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