Oil Set for Weekly Loss as Iran Concerns Ebb, Wider Markets Drop

Market Intelligence Analysis

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Why This Matters

Oil prices are expected to drop for the second consecutive week due to concerns about a global crude glut and the impact of risk-off sentiment in wider markets, particularly the US-Iran nuclear talks.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Oil headed for the first back-to-back weekly drop this year on a risk-off tone in wider markets, concerns about a global crude glut, and the prospect of drawn out US-Iran talks over a nuclear deal.

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Original article published by Bloomberg on February 13, 2026.
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