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Oil hovers near seven-month highs

Oil hovers near seven-month highs

WAM
25 Feb 2026, 17:37 GMT+

LONDON, 25th February, 2026 (WAM) -- Oil prices held around seven-month highs on Wednesday. Brent futures were up 33 cents at $71.10 a barrel by 1127 GMT, while West Texas Intermediate (WTI) futures gained 22 cents to $65.85.

Brent prices reached their highest since 31st July on Friday, while WTI hit its highest since 4th August on Monday.

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