OPEC+ supply risks could support oil prices breaking through the $60 mark.

date
20/01/2026
As the situation in Iran stabilizes and the expectation of the United States imposing more tariffs continues to put pressure on the already oversupplied oil market, international oil prices have plummeted significantly and are currently holding steady. However, the multiple supply risks facing OPEC+ member countries are expected to drive Brent crude prices to remain above $60 per barrel.