ET 15:00

Crude Oil Gains On Wednesday But Eyes Weekly Loss Amid OPEC+ Outlook

Brent crude oil closed higher on February 13, 2026, at $82.42 per barrel, gaining 0.7% on the session. However, the weekly loss is on track to reach 2.3%, according to data provider OANDA. The gains followed a cautious OPEC+ meeting where output plans remained stable, keeping supply-constrained fundamentals in place. Analysts note that geopolitical risks in the Middle East and a potential U.S. winter freeze could support prices in the coming days.

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