Freeze Fuels Crude Breakout as Prices Press Higher

Written on 01/21/2026
Bill Baruch

The US freeze is pressuring prices this morning. Parts of the freeze hitting Texas will likely slow down or shut off production. Outside of the short term US supply squeeze, geopolitical risk and the US at war with everyone is pressuring oil prices and the Dollar. Technical Analysis: We have...Offshore drilling rig by nielubieklonu via iStock
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