Oil prices fall towards $102 amid Saudi supply recovery, US-Iran uncertainty

PSX Update • Sep 21, 2026

Oil prices declined on Monday as traders monitored the pace of Saudi Arabia’s oil shipment recovery following missile and drone attacks by Iran-backed Houthis on Saturday, according to CNBC.

September 21, 2026 (MLN): Oil prices declined on Monday as traders monitored the pace of Saudi Arabia’s oil shipment recovery following missile and drone attacks by Iran-backed Houthis on Saturday, according to CNBC. Currently, Brent crude futures is down, 1.91%, at $101.89 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is down by $1.78, or 1.85%, to $94.30 per barrel by...