RismadarVoice Reporters
October 14, 2026
Global oil prices rose in early trading on Wednesday as investors assessed the risk of supply disruptions following a reported Houthi attack on Saudi Arabian energy infrastructure and the prospect of increased diesel supplies from Russia.
Brent crude futures gained 89 cents, or 0.8 per cent, to $106.58 per barrel as of 00:30 GMT, while US West Texas Intermediate (WTI) crude increased by 80 cents, or 0.9 per cent, to $94.94 per barrel, according to market figures cited in reports.
The gains followed mixed trading on Tuesday, when Brent declined by 0.9 per cent to settle at $105.69 per barrel, while WTI advanced by 0.4 per cent to close at $94.14.
Market attention has turned to developments involving Saudi Arabia and Yemen’s Houthi movement, amid concerns that further attacks could threaten energy infrastructure and disrupt regional supplies.
Saudi Arabia’s energy ministry reportedly said a Houthi attack struck an administrative building belonging to state-owned Saudi Aramco in Dhahran on Wednesday, causing a limited fire.
The reported incident has raised concerns about the vulnerability of energy facilities in one of the world’s major oil-producing countries.
However, the information available did not establish whether the attack affected crude production, refining operations or export volumes.
Traders are also monitoring the possibility of additional diesel supplies from Russia, which could influence refined petroleum product markets and partly offset concerns about tighter fuel availability.
The competing developments have created uncertainty in energy markets, with geopolitical risks supporting prices while expectations of increased fuel supplies could limit further gains.
Investors are expected to monitor additional information on the reported Saudi incident, the security of regional energy infrastructure and developments affecting Russian petroleum exports.
