Global Oil Price Momentum in 2026: Brent and WTI Trade Near Multi-Month Highs at ~$71.35 and ~$66.55 as Geopolitical Risk and Supply Dynamics Drive Markets 24-02-2026
As of February 23, 2026, Brent and WTI oil price benchmarks are hovering near multi-month highs, driven by geopolitical tensions, OPEC+ production discipline, and evolving demand signals. Here’s what’s moving the market now.