Oil Falls in Asia; U.S.-Europe Tensions in Focus
WSJ·2026-01-21 01:25
Core Viewpoint - Oil prices declined in early Asian trading due to a risk-off sentiment driven by escalating tensions between the U.S. and Europe regarding Greenland [1] Group 1 - The ongoing geopolitical tensions are impacting market sentiment, leading to a decrease in oil prices [1] - The risk-off mood suggests investors are becoming more cautious, which could affect demand for oil [1]