Brent Crude Oil Rises 2% on Wednesday in Oil & Companies News 19/02/2026 Brent crude oil futures rose 2% to $69 per barrel on Wednesday, rebounding from a 0.9% decline in the previous session as geopolitical tensions heightened following the abrupt end of Ukraine Russia peace talks in Geneva after just two hours. Ukrainian President Volodymyr Zelenskiy said discussions were difficult, accusing Russia of delaying progress, while Russian negotiator Vladimir Medinsky described the talks as business-like and signalled a new round soon. Rising tensions were compounded by planned Iranian and Russian naval drills in the Sea of Oman and northern Indian Ocean. Market participants are also awaiting US weekly oil data, with the American Petroleum Institute report due Wednesday and the Energy Information Administration’s release on Thursday. Analysts expect US crude stockpiles to have risen last week, while distillate and gasoline inventories likely fell. Source: Trading Economics 2026-02-19 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share