Oil falls on Russian supply prospects, Saudi-Houthi tensions limit losses

PSX Update • Oct 13, 2026

Oil prices declined on Tuesday as investors assessed the potential impact of increased Russian diesel supplies on global fuel markets, while escalating tensions between Saudi Arabia and Houthi militants in Yemen limited the losses.

October 13, 2026 (MLN): Oil prices declined on Tuesday as investors assessed the potential impact of increased Russian diesel supplies on global fuel markets, while escalating tensions between Saudi Arabia and Houthi militants in Yemen limited the losses. Currently, Brent crude futures is down, 1.17%, at $105.40 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is down by $1...