Crude Oil Price In US On February 13: WTI and Brent Fall as IEA Warns of Record Oil Surplus in 2026

Despite the small daily gain, oil futures moved lower in broader trading.

US West Texas Intermediate (WTI) crude fell to around 62.5 dollars per barrel on Friday. It extended a nearly 3% loss from the previous session and was heading for a second straight weekly decline.

Brent crude futures dropped 11 cents, or 0.2%, to 67.41 dollars per barrel by 1306 GMT. WTI also slipped 15 cents, or 0.2%, to 62.69 dollars after falling 2.8% the previous day.

For the week, Brent was set to decline by around 1%, while WTI was on track to fall about 1.3%.

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