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27/02/2026

Summary of West Texas Intermediate (WTI) crude oil for this week (week ending Friday, Feb 27, 2026) and today:

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📈 WTI This Week (Feb 23 – 27, 2026)

Overall trend:

WTI prices moved mixed to slightly lower over the week, as geopolitical risk concerns were partially offset by easing fears of supply disruption and rising inventories. According to market reports, WTI was set to finish the week slightly down from recent highs.

Key drivers this week:

Geopolitical tension: Concerns over U.S.–Iran nuclear negotiations and possible conflict kept a risk premium in energy markets, supporting prices earlier in the week. WTI even reached near six-month highs above ~$67 per barrel following heightened geopolitical risks.

Inventory data: A large build in U.S. crude stocks (around +15.9 M barrels) weighed on sentiment by fueling oversupply fears, tempering gains.

Diplomatic developments: Progress and extension of U.S.–Iran talks eased some fears of a supply shock, contributing to sideways to slightly lower weekly price action.

OPEC+ considerations: Potential OPEC+ production increases were also factored in, capping upside.

Weekly price direction:

WTI looked to end the week slightly lower (down mid-to-high single digits on a percentage basis). Brent crude also slipped modestly, reflecting broader market caution.

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📅 WTI Today (Friday, Feb 27, 2026)

Price action:

WTI was trading around ~$65.4–$66.6 per barrel in most sessions today. Some sources show modest gains as tensions persist, while others reflect slight pullbacks as talks continue.

Key influences today:

U.S.–Iran Talks Extended: Ongoing nuclear negotiations have reduced the immediate risk of supply disruption, weighing slightly on prices in early trading.

Geopolitical risk remains: Despite some easing, stalled negotiations and potential conflict risk have provided bullish support at times.

Supply data: Large U.S. inventory builds continue to be a bearish influence.

22/02/2026

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09/02/2026

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28/01/2026

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09/12/2025

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26/11/2025

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12/11/2025

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