StockDuty ← Dashboard Oct 13, 2026 03:35 AM ET
CatalystCommodities

Oil is barely pulling back after Monday's $106.65 Brent settle, the highest since Sept 15, with Brent down 61 cents to $106.04. Russia diesel supply plus the temporary sanctions lift is the relief val

Russian diesel supply prospects offsetting Gulf supply risks pushed oil lower.

What happened: Brent and WTI crude futures fell as prospects of Russian diesel supply offset Gulf supply risks. Brent settled Monday at its highest since September 15. Key numbers: Brent fell 61 cents, or 0.57%, to $106.04 a barrel. WTI fell 47 cents, or 0.5%, to $93.27. OPEC cut 2025 demand growth forecast to 400,000 bpd from 1.4 million bpd. Why it matters: Extra Russian diesel could ease tight global fuel markets and temper supply concerns that supported crude prices. Gulf infrastructure and shipping risks remain in focus after Houthi strikes and tanker attacks.
Russian diesel supply prospects offsetting Gulf supply risks pushed oil lower.
Russian diesel supply prospects offsetting Gulf supply risks pushed oil lower. — impact context not separately stored; see What changed.
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