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Oil Prices Surge Amid Supply Concerns and Global Demand Recovery

Summary

Oil prices jumped over 3% on February 19, 2026, as supply disruptions in the Middle East combined with stronger-than-expected demand forecasts boosted market sentiment. Brent crude

Oil prices jumped over 3% on February 19, 2026, as supply disruptions in the Middle East combined with stronger-than-expected demand forecasts boosted market sentiment. Brent crude rose to $95.40 per barrel, marking the highest level since late 2024, according to Reuters. Analysts cite ongoing geopolitical tensions and reduced output from key producers as driving factors. Meanwhile, global commodity markets showed mixed trends, with metals like copper declining amid concerns over slower industrial growth in China. The energy sector's rebound reflects tightening supply chains and renewed economic activity, signaling potential inflationary pressures ahead. Bloomberg reports that market watchers will closely monitor OPEC+ decisions in the coming weeks for further direction.
11h agoVerified by Vishvendra
Oil Prices Surge Amid Supply Concerns and Global Demand Recovery

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