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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Energy Market Briefing Monday, September 14, 2026

1. Headlines

Oil prices surged today, with Brent crude spiking to $108.49 per barrel at the Asian opening before settling at $106.32, a gain of $1.71. WTI followed, closing at $101.94, up $1.89. The immediate catalyst, as reported by Rigzone, is the closure of Saudi Arabia's East-West pipeline, which heightened fears of tighter global supplies. This follows recent Houthi seizures along the Yemeni Red Sea coast, including the port of Mokha and Perim Island, giving the group the ability to monitor or threaten the critical Bab el-Mandeb Strait.

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