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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·

Energy Market Briefing Wednesday, May 13, 2026

1. Headlines

Oil prices are retreating from recent highs today. WTI crude is down 1.33% to $100.82, while Brent crude has fallen 2.21% to $105.39. The move lower follows a sharp rally yesterday, which Rigzone attributed to renewed fears of prolonged supply disruptions in the Persian Gulf. Natural gas is slightly higher at $2.86/MMBtu.

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