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

Source: cnbc October 12, 2026 · 20:49
Oil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflict
Photo by Fahad Puthawala · Pexels
From the publisher
Oil prices fell as investors assess potential supply disruptions against prospects of more Russian diesel entering global markets.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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About Saudi Arabia

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Capital
Riyadh
Region
Middle East, North Africa, Afghanistan & Pakistan
Income level
High income
ISO code
SAU
Data: World Bank

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