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Oil Prices Surge to $95 Amid Global Supply Concerns and Demand Recovery

Summary

Crude oil prices climbed sharply on February 13, 2026, with Brent crude reaching $95 per barrel, driven by ongoing supply constraints and robust demand recovery worldwide. Accordin

Crude oil prices climbed sharply on February 13, 2026, with Brent crude reaching $95 per barrel, driven by ongoing supply constraints and robust demand recovery worldwide. According to Reuters, disruptions in Middle East oil exports and lower-than-expected output from OPEC+ members tightened global supply. Meanwhile, economic data from China and the US indicated stronger industrial activity, boosting oil demand forecasts. Analysts warn that continued geopolitical tensions could further pressure prices upward. This surge also influenced other commodities, with natural gas and metals seeing moderate gains as energy costs impact production expenses.
Feb 16
Oil Prices Surge to $95 Amid Global Supply Concerns and Demand Recovery

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