{"id":16917,"date":"2026-02-19T08:13:26","date_gmt":"2026-02-19T08:13:26","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=16917"},"modified":"2026-02-19T08:13:26","modified_gmt":"2026-02-19T08:13:26","slug":"global-crude-oil-prices-today-19-february-2026-brent-oil-price-rises-to-70-59","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/16917\/","title":{"rendered":"Global Crude Oil Prices Today (19 February 2026) \/ Brent Oil Price Rises to $70.59"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0Oil prices rose in Asian trading on Thursday amid efforts by the United States and Iran to reduce tensions in negotiations over Tehran\u2019s nuclear programme, even as both sides have increased military activities in the key oil-producing region.<\/p>\n<p>According to Roydad Naft, Brent futures rose by 24 cents (0.3%) to $70.59 per barrel (at 04:15 GMT). US West Texas Intermediate (WTI) crude also gained 28 cents (0.4%) to $65.47.<\/p>\n<p>Both benchmarks rose more than 4% on Wednesday, recording their highest settlements since 30 January. Traders are pricing in the possibility of supply disruptions due to concerns over a potential conflict between the United States and Iran.<\/p>\n<p>The market\u2019s primary concern is the potential disruption to shipping through the Strait of Hormuz, through which around 20% of global oil consumption passes (according to ANZ analysts).<\/p>\n<p>Hiroyuki Kikukawa, chief strategist at Nissan Securities Investment Institute, stated: \u201cTensions between Washington and Tehran remain high, but the prevailing view is that a full-scale armed conflict is unlikely; therefore, the market is in a wait-and-see mode.\u201d<\/p>\n<p>He added: \u201cUS President Donald Trump does not want a sharp rise in oil prices, and in the event of military action, it would likely be limited to short-term airstrikes.\u201d<\/p>\n<p>The White House announced on Wednesday that limited progress had been made in the Geneva talks on Iran, though differences remain on some issues, and Tehran is expected to provide more details in the coming weeks.<\/p>\n<p>In related news, two days of peace talks between Ukraine and Russia in Geneva ended on Wednesday without any tangible outcome. Ukrainian President Volodymyr Zelenskyy accused Moscow of deliberately delaying US-mediated efforts to end the four-year war.<\/p>\n<p>According to data released by the American Petroleum Institute (API) on Wednesday, US crude oil, gasoline, and distillate stocks declined last week. This figure contrasted with Reuters\u2019 survey forecast (an increase of 2.1 million barrels in crude stocks for the week ending 13 February).<\/p>\n<p>The official US inventory report from the Energy Information Administration (EIA) is due to be released on Thursday.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2026-02-19T08:13:26+00:00\"> 19 February 2026<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Brent crude futures rose by 24 cents (equivalent to 0.3%) to $70.59 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude futures increased by 28 cents (equivalent to 0.4%) to $65.47.","protected":false},"author":1,"featured_media":16918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,36,19,16,35],"tags":[],"services":[],"class_list":["post-16917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/16917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=16917"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/16917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/16918"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=16917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=16917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=16917"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=16917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}