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Oil prices stay high as Middle East attacks offset eased US stance on Russian oil imports.

Market News
20 Oct 2026
FXEmpire
View Source
Bearish
Oil prices stay high as Middle East attacks offset eased US stance on Russian oil imports.

Oil markets face uncertainty as Yemen's Houthi rebels attacked key Saudi energy sites, maintaining a risk premium despite the US easing sanctions on Russian oil imports. Russian supply also faces pressure from Ukrainian drone strikes on a St. Petersburg oil terminal. US crude inventories are declining, keeping focus on domestic supply ahead of key reports. Natural gas prices show bearish trends amid mixed signals from weather forecasts and LNG demand, while technical analysis suggests oil prices hover near key resistance levels with cautious bullish outlooks.

Natural gas and oil markets face geopolitical risks and supply pressures. For readers following energy stocks, here is Pluang's market snapshot as of Oct 20, 2026 10:31 WIB: Among 79 priced US energy stocks, 30 rose and 48 fell. Notable movers include RUN at USD 6.89 with a -5.62% change and 100% buy orders, PTEN at USD 12.10 with +5.22% and 100% buy orders, and SEI at USD 66.00 with +5.20% and balanced buy/sell orders.

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