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Oil companies rise as Russia-Ukraine talks end abruptly

ReutersFeb 18, 2026 3:05 PM

S&P 500 energy index .SPNY up 1.4%, tracking rise in crude prices O/R

Brent crude futures LCOc1 up 3.19% at $69.58/barrel, U.S. West Texas Intermediate crude futures CLc1 up 3.3% to $64.39/barrel

Oil prices rise after peace talks between Ukraine and Russia in Geneva ended after only two hours, with Ukrainian President Volodymyr Zelenskiy describing them as "difficult"

The U.S.-mediated talks in Switzerland took place as U.S. President Donald Trump has twice in recent days suggested it was up to Ukraine to take steps to ensure their success

APA Corp APA.O, Baker Hughes BKR.O, Targa ResourcesTRGP.N, ConocoPhillips COP.N and Occidental Petroleum OXY.N up between 2.8% and 1.1% among top percentage winners on energy index

Oilfield services company Halliburton HAL.N climbs 2.5%

Refiners: Marathon Petroleum MPC.N up ~1%

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