Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?

Crude oil fell to $105 on October 13 as traders assessed developments affecting supply and geopolitical risk.

Russian supply remains under review

Market participants were evaluating the outlook for Russian oil supply. The source does not provide further details on any potential changes, disruptions or policy developments involving Russia.

Middle East attacks add to market uncertainty

Traders were also assessing attacks in the Middle East. The developments were part of the factors being considered as crude oil prices moved lower.

The available information confirms a decline to $105 but does not establish what traders expect next or quantify the effect of either Russian supply conditions or the attacks on the broader oil market.