Crude Oil Prices Jump on Heightened Geopolitical Risks and Falling US Supplies

Written on 02/19/2026
Rich Asplund

March WTI crude oil (CLH26 ) today is up +1.58 (+2.42%), and March RBOB gasoline (RBH26 ) is up +0.0311 (+1.58%). Crude oil and gasoline prices added to Wednesday’s sharp rally today, with crude climbing to a 6.5-month high and gasoline posting a 1-week high. Mounting geopolitical risks in the...Crude Oil pumpjack at sunset by Zbynek Burival via Unsplash
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