Oil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflict

What happened: Oil prices fell as investors weighed potential supply disruptions against the prospect of more Russian diesel entering global markets. Traders also assessed the Saudi-Houthi conflict. Why it matters: The market is balancing supply risk from the Saudi-Houthi conflict against expectations of additional Russian diesel supply, which pulled prices lower. Coverage: 4 outlets in 24h

Oil prices fell as investors weighed potential supply disruptions against the prospect of more Russian diesel entering global markets. Traders also assessed the Saudi-Houthi conflict.

The market is balancing supply risk from the Saudi-Houthi conflict against expectations of additional Russian diesel supply, which pulled prices lower.