Oil slips to $114 as traders weigh Saudi supply risks

PSX Update • Oct 26, 2026

U.S. crude oil prices fell more than 2% on Monday as investors assessed the risk of further attacks on Saudi Arabia’s energy infrastructure against concerns that persistently high prices could weaken global oil demand.

October 26, 2026 (MLN): U.S. crude oil prices fell more than 2% on Monday as investors assessed the risk of further attacks on Saudi Arabia’s energy infrastructure against concerns that persistently high prices could weaken global oil demand. Currently, Brent crude futures is down, 1.89%, at $114.51 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is up by $2.33, or 2.26%,...