Brent crude futures fell on Monday, October 26, 2026, after settling above $116 a barrel on Friday. The decline came despite Houthi claims of weekend attacks on an airport and oil facilities in Saudi Arabia.

Brent crude futures retreat

At 10:03 a.m. on Monday, December Brent futures traded at $114.48 a barrel, down 1.92%. December West Texas Intermediate futures were at $101.01, down 2.19%.

On Friday, Brent had settled at $116.72 a barrel and WTI at $103.27. The source did not establish a cause for Monday’s price decline.

In India, November crude futures on the Multi Commodity Exchange traded at ₹9,619 in the initial hour, down 1.85% from the previous close of ₹9,800. December futures were at ₹9,488, down 1.61% from ₹9,643.

Saudi attack claims and Iran comments

The Houthis claimed responsibility for attacks on a Saudi airport and oil facilities on Saturday. Saudi Arabia said it had intercepted missiles and drones. The attacks have raised concerns about potential oil supply disruptions.

On Sunday, US President Donald Trump said it was “getting to be decision time” on whether to strike a deal with Iran. His comments added to concerns about a potential escalation of hostilities in West Asia.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.