Crude oil price slips from six-month highs despite supply concerns

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Prices had settled nearly $3 ​higher on ‌Friday after Houthi attacks in Saudi Arabia stoked energy supply concerns. Brent finished the ‌week up 6% ​and WTI ended 2.3% higher.

Prices had settled nearly $3 ​higher on ‌Friday after Houthi attacks in Saudi Arabia stoked energy supply concerns. Brent finished the ‌week up 6% ​and WTI ended 2.3% higher. | Photo Credit: istock.com

Oil ​prices fell on Monday after ‌surging to near six-month ​highs late last ⁠week, although ongoing attacks on Saudi Arabia kept supply concerns ‌in focus.

US crude futures were down $1.60, or ‌1.55%, at $101.67 per ‌barrel ⁠by 0018 GMT. ⁠Brent crude futures were down $1.56 or 1.34% at $115.16.

Prices had settled nearly $3 ​higher on ‌Friday after Houthi attacks in Saudi Arabia stoked energy supply concerns. Brent finished the ‌week up 6% ​and WTI ended 2.3% higher.

Attacks continued over ⁠the weekend with Houthis saying they had attacked the ‌Saudi airport and oil facilities on Saturday. Saudi Arabia said on Sunday it had intercepted more missiles and drones.

The top ‌oil exporter restarted partial operations ​at its main airport on Sunday after damage ⁠in a previous round of Houthi ⁠attacks even as the militant group ‌vowed to keep targeting the facility.

Published on October 26, 2026

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