International oil prices fell on the 16th.

As of the closing on that day, the light crude oil futures price for delivery in January 2026 on the New York Mercantile Exchange fell by $1.55 to settle at $55.27 per barrel, a decrease of 2.73%; while the Brent crude oil futures price for delivery in February fell by $1.64 to settle at $58.92 per barrel, a decrease of 2.71%.