WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
Listen
0:00 / 6:43

Energy Market Briefing September 13, 2026

1. Headlines

Benchmark crude prices are flat in Sunday trading, with WTI at $100.05 and Brent at $104.61, pausing after a significant weekly rally. According to Rigzone, oil posted its biggest weekly gain since July, driven by escalating Middle East conflict and mounting supply risks. The price surge has brought recession fears back into the conversation, with OilPrice.com reporting that further spikes could pressure the Federal Reserve to raise interest rates and increase economic risks.

Create a free account to continue reading

Sign up for free to get full access to Bakken Wire's daily energy market analysis, audio briefings, and more.

Create Free Account

Already have an account? Sign in

Share this article

Related Articles

The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

DAILY ENERGY BRIEFING Sunday, September 13, 2026 1. Headlines Oil markets are consolidating after a week of significant gains, with prices pulling back today. As of midday, WTI crude is trading at $100.05, down 2.37%, while Brent is at $104.61, down 2.81%, according to price data. This follows a week where oil posted its biggest weekly gain since July, as reported by Rigzone, driven by Middle East conflict and mounting supply risks. The International Energy Agency (IEA) has delivered a mixed outlook. On one hand, Rigzone reports the IEA slashed its forecasts for oil demand this year and warned consumption may decline further. On the other, the agency also noted that Ukrainian drone strikes are degrading Russia's oil refining sector, with damage to secondary-processing units potentially taking six to eight months to repair. In a sign of extreme market tightness for refined products, Rigzone reports that U.S. diesel prices have...

🔆Midday Wire·Sep 13
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Morning Briefing Sunday, September 13, 2026 1. Headlines Oil prices are sharply lower this morning, with WTI crude trading at $100.05, down $2.43 (-2.37%), and Brent at $104.61, down $3.02 (-2.81%). This pullback follows what Rigzone reported as the biggest weekly gain since July, driven by Middle East conflict and supply risks. Natural gas is flat at $2.83. The primary narrative in the news is the market bracing for a prolonged U.S.-Iran war in the Persian Gulf, as reported by OilPrice.com. The mood at the recent Asia Pacific Petroleum Conference (APPEC) was described as expecting higher prices for longer due to the disruption of Middle East oil flows. Separately, the International Energy Agency (IEA) has slashed its oil demand forecast for this year and warned of potential further declines, according to Rigzone. Key data points from the past week include a drop in U.S. crude oil stocks to...

☀️Morning Wire·Sep 13
Global Markets

IEA Cuts Oil Demand Forecast, Cites Ukraine Strikes on Russian Refineries

The International Energy Agency has simultaneously cut its forecast for global oil demand and reported on the degradation of Russia's refining sector due to Ukrainian drone strikes, according to separate reports from Rigzone. These dual developments present a complex price outlook for Bakken producers. In one report, the IEA slashed its view for oil demand this year and warned that consumption could decline further in the coming months, Rigzone reported. A lower demand trajectory typically exerts downward pressure on crude prices, which directly impacts the revenue of operators in the Williston Basin. A separate Rigzone article detailed that drone strikes are now hitting secondary-processing units at Russian refineries. The IEA estimates these critical components may require six to eight months to replace. This sustained damage to a major competitor's downstream capacity could tighten global supplies of refined products like diesel and gasoline, potentially providing support for crude oil prices. For...

☀️Morning Wire·Sep 13