Energy Down as Diesel Spike Wanes - Energy Roundup
Shares of energy companies ticked down alongside some energy futures.
Actively traded December oil futures slipped below the psychologically significant $100 a barrel level in New York. Oil traders sought to balance the disruptions in Middle East exports against President Donald Trump's plan to waive some sanctions and tariffs on Russian oil and fuel exports.
Diesel futures fell and are now down by 6.5% from their recent records.
Saudi Arabia postponed its flagship investor conference, highlighting how attacks by Iran-backed Houthi rebels in Yemen are thwarting economic ambitions and tarnishing its global reputation.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 19, 2026 17:40 ET (21:40 GMT)
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