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ChemPriceHub Alert: International crude oil futures rise favorably
Published on 2026-01-31

On January 28, international crude oil futures rose. The settlement price of the March contract for U.S. WTI crude oil futures was $63.21 per barrel, an increase of $0.83 or 1.2%. The settlement price of the April contract for Brent crude oil futures was $67.37 per barrel, an increase of $0.78 or 1.2%. PriceSeek analyzed crude oil, with a long-short score of 1. The article indicates that international crude oil futures prices have increased, with both WTI and Brent crude oil futures rising by 1.2%, reflecting a strengthening bullish sentiment in the market for crude oil. This may stem from demand recovery (such as increased heating oil usage in winter) or supply disruptions (such as geopolitical tensions), which will provide positive support for spot crude oil prices and drive a moderate upward trend in the spot market.

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