Crude oil futures close higher today

I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Crude oil futures closed up today, Jan. 20, pushing above the 200-day moving average. Demand for crude oil is growing. In China, refinery throughput for oil rose 4.1% in 2025, averaging...2 pumpjacks at sunset by vadimrysev via iStock