Commodity Markets news on Tuesday, October 13, 2026
In Commodity Markets on Tuesday, October 13, 2026: Oil swings on Houthi threats; diesel stays stubbornly high. Also: Trump says Houthis are trying to push up oil prices before US midterm elections; Diesel prices jumped 20 cents in one period, which FreightWaves calls a fuel market crisis.
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The big stories in Commodity Markets this week
- Diesel prices jump 20 cents, labeled a fuel market crisis · Diesel · in the news 4 of the last 4 days
Diesel rose 20 cents in one period, which FreightWaves calls a fuel market crisis. Earlier, prices eased slightly from a record set in September, according to Brownfield Ag News. - Oil rises on Houthi attacks, then falls on supply recovery · Oil · in the news 4 of the last 4 days · Wikipedia views ×1.6 this week
Oil swung on Houthi attacks: Brent topped $105 after one attack, and prices spiked again after strikes on Saudi airports. The G-7 announced a stock release as Middle Eastern flows showed signs of recovery. - Trump blames Houthis for pushing up oil prices before midterms · Trump · in the news 3 of the last 4 days
Trump says Houthis are trying to push up oil prices before the US midterm elections. He also announced a Russia-Ukraine energy ceasefire and eased Russia sanctions, saying Putin will release diesel. - Houthi attacks lift oil and dollar as Brent tops $105 · Houthi · in the news 3 of the last 4 days
A Houthi attack lifted oil and the dollar, with Brent topping $105 a barrel. Attacks on Saudi airports later spiked oil again, and Trump says the group is trying to raise prices before midterms. - Oil rises after reports Russia hit Ukrainian energy sites · Russia · in the news 3 of the last 4 days
Oil prices rose after reports that Russia hit Ukrainian energy infrastructure. Trump had announced a Russia-Ukraine energy ceasefire on Oct 11 and eased Russia sanctions the day before.
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