Oil prices steady as investors weigh progress on Russia-Ukraine talks against falling US oil stocks

October 21st 2026
Oil prices were little changed on Wednesday as investors weighed possible progress toward Russia-Ukraine talks against declining US oil stocks and a lack of US-Iran dialogue.- Global diesel prices seen staying high despite Trump's deal with Russia
- US aims to loan about a third of heating oil reserve in bid to tame prices
- IEA Ready for More Oil Releases as Diesel Crisis Deepens
- Oil’s New Bottleneck: Freight Hits $40 a Barrel
- EU Keeps Arctic Drilling Opposition but Drops Legal Ban Push
- U.S. Pushes Refiners for More Diesel as Capacity Tightens
- Oil Swings Sharply as Hormuz Attacks Rattle Market
- Wisconsin Approves Two Natural Gas Plants to Meet Rising Data Center Power Demand
- China Diesel Exports Triple as Global Fuel Supply Tightens


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