Why Is Crude Oil Trending Higher?

Written on 02/12/2026
Andrew Hecht

NYMEX crude oil futures have moved steadily higher since the lows in mid-December, gaining more than $10 per barrel at their most recent high. Geopolitical risks in the Middle East have pushed the energy commodity higher, and higher highs could be on the horizon for seasonal reasons over the coming months.2 pumpjacks at sunset by vadimrysev via iStock
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