Oil Ends Mixed as Traders Weigh Middle East Risks, Russian Diesel Supplies
A facts-only brief, written by a local AI model from this article in The Wall Street Journal, October 13, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.
Oil prices ended mixed on Tuesday, with Brent crude futures declining 0.9% to $105.69 per barrel and West Texas Intermediate rising 0.4% to $94.14 per barrel. Traders balanced persistent supply risks in the Middle East against potential increases in Russian diesel exports. Preliminary data from Kpler indicated that confirmed oil flows through the Strait of Hormuz dropped to 2 million barrels per day on Saturday, down from 6.7 million on Friday.
Background
- Saudi Arabia extended the suspension of operations at King Khalid International Airport on Monday following attacks by the Iran-backed Houthi militia.
- U.K. Maritime Trade Operations reported that two tankers were struck by unidentified projectiles in the Strait of Hormuz on Monday, while Indian authorities confirmed two crew members were missing after a drone attack on a tanker near Oman on Sunday.
- OPEC cut its global oil demand growth estimate for the current year to 180,000 barrels per day from 380,000, citing rising shipping and insurance costs that now exceed one-third of commodity values.
- U.S. Central Command stated it disabled a commercial cargo vessel in the Gulf of Oman on Saturday after it attempted to breach the blockade of Iranian ports, having turned around 135 vessels since the blockade resumed in July.
Read the full article at wsj.com
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Briefs for Wednesday, October 14, 2026
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