WTI oil prices fall as risks from Kazakh production halt subside
W&T OffshoreW&T Offshore(US:WTI) Reuters·2026-01-21 00:12

Core Viewpoint - West Texas Intermediate crude oil prices experienced a decline due to geopolitical tensions and an anticipated increase in U.S. crude inventories, which overshadowed a temporary output halt in Kazakhstan's large fields [1] Group 1: Price Movement - West Texas Intermediate crude oil prices fell on Wednesday [1] Group 2: Influencing Factors - Geopolitical tensions exerted pressure on oil prices [1] - An expected build-up in U.S. crude inventories contributed to the price decline [1] - A temporary halt in output at two large fields in Kazakhstan was not sufficient to counteract the downward pressure on prices [1]

W&T Offshore-WTI oil prices fall as risks from Kazakh production halt subside - Reportify