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Oil Prices Surge Nearly 3% After Russia-Ukraine Talks Break Down
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices surged nearly 3% after peace talks between Ukraine and Russia broke down, heightening market fears of prolonged sanctions and supply restrictions on Russian oil.
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 prices surged nearly 3% on Wednesday after peace talks between Ukraine and Russia in Geneva ended abruptly after only two hours. The failure to reach a breakthrough heightened market fears that sanctions and supply restrictions on Russian oil will persist longer than previously anticipated. Brent crude for April delivery was up 2.74% to trade at $69.15 per barrel at 8.20 am ET in Wednesday’s morning session while WTI crude for March delivery gained 2.79% to change hands at $64.05 per barrel. Ukrainian President Volodymyr Zelenskiy called…
Original article published by
OilPrice.com
on February 18, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.