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Oil Prices Slide as Supply Swells and Demand Fears Deepen
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices are experiencing a decline due to a surge in supply and growing concerns about demand, with WTI crude oil futures trading at $62.87, a 1.07% drop from the previous session.
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.
West Texas Intermediate (WTI) crude oil futures are trading sharply lower this week, with nearby contracts at $62.87 as of Thursday night, down $0.68 or -1.07% for the session. The weekly range spans from a high of $65.83 to a low of $62.39, reflecting the market's struggle to balance geopolitical risk against mounting supply concerns. Wednesday's EIA Report: Massive Build, Muted Response Wednesday's Energy Information Administration (EIA) report revealed a staggering 8.5 million barrel build in U.S. crude oil inventories, far exceeding analyst…
Original article published by
OilPrice.com
on February 13, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.