Wednesday, October 14, 2026

Business News

Oil prices rise amid supply risk assessments and Russian diesel flows

Oil prices rose on Wednesday as traders weighed supply risks linked to the conflict in the Middle East, as well as prospects for increased Russian diesel supplies.

TAS News Service

info@thearabianstories.com

Wednesday, October 14, 2026

SINGAPORE: Brent crude futures rose 89 cents, or 0.8 percent, to REACH $106.58 a barrel, while U.S. West Texas Intermediate crude futures climbed 80 cents, or 0.9 percent, to $94.94 a barrel.
The gains followed mixed performance in the previous session, when Brent crude fell 0.9 percent on Tuesday, while U.S. crude rose 0.4 percent.
The Organization of the Petroleum Exporting Countries (OPEC) said on Tuesday that the OPEC+ alliance recorded a sharp increase in oil production in September, driven by higher Saudi output despite continuing disruptions to shipments.

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