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 / 4:07

Afternoon Energy Market Briefing for Bakken Wire Friday, September 25, 2026

1. Headlines

Oil prices are sharply lower this afternoon. West Texas Intermediate (WTI) crude is trading at $92.41, down $2.20 (-2.33%), while Brent crude is at $97.45, down $2.77 (-2.76%), according to price data. Market reports from Rigzone attribute the decline to signs of progress in US-Iran negotiations, which could alleviate geopolitical supply risks. Natural gas is also weaker, trading at $3.24, down $0.13.

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 Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Afternoon Energy Market Briefing for Bakken Wire Monday, November 9, 2026 1. Headlines Oil prices are sharply lower today, with Brent crude down 6.09% to $92.33 and WTI down 4.62% to $86.63, according to the data. The sell-off is being widely attributed to unconfirmed reports of a potential diplomatic breakthrough between the U.S. and Iran, sourced from an Al Arabiya article citing unnamed sources. The reports suggest a Qatari-Pakistani mediation proposal could revive nuclear talks, with claims that Washington might allow Iran to enrich uranium to 3.67% (OilPrice.com). However, a senior Qatari official has reportedly disputed details, and U.S. Secretary of State Marco Rubio dismissed suggestions of an imminent breakthrough over the weekend, calling Tehran's demands "unacceptable" (OilPrice.com, Rigzone). Amid the diplomatic speculation, physical supply risks persist. Saudi Arabia's Ministry of Energy confirmed its East-West oil pipeline was targeted in the Medina region on Monday, triggering a limited fire (OilPrice.com)....

🌅Afternoon Wire·Nov 9
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

DAILY ENERGY BRIEFING Monday, November 9, 2026 1. Headlines Oil prices are under significant pressure today. WTI crude is down $3.18 (-3.5%) to $87.65 per barrel, while Brent crude has fallen $4.59 (-4.67%) to $93.73, according to today's price data. The sell-off is being widely reported as the sharpest weekly decline in months, as noted by Saxo Bank's Head of Commodity Strategy, Ole S. Hansen, in a report cited by Rigzone. The Bakken differential to WTI is holding at -$3.42. Natural gas is bucking the trend, trading higher at $3.17, up $0.17 on the day. Meanwhile, European power markets are in turmoil, with day-ahead electricity prices in Germany and France hitting their highest levels since December 2022, as reported by Bloomberg data in an OilPrice.com article. The cause is a lack of wind and solar generation combined with high natural gas prices. On the political front, President Donald Trump endorsed...

🔆Midday Wire·Nov 9
Global Markets

OPEC Output Recovery and Russian Refinery Strikes Shape Bakken Market Outlook

Two global oil supply stories published in early November may influence crude prices and operating conditions for Bakken producers and North Dakota royalty owners. Rigzone reported Nov. 7 that a Bloomberg survey showed OPEC crude production rose toward pre-war levels last month, with Saudi Arabia leading a further recovery in Persian Gulf supplies. For Williston Basin operators, that development points to a global supply environment in which OPEC output is moving closer to a higher baseline. Bakken crude competes with that supply in global markets, so any broad increase in OPEC output can affect price expectations for light sweet crude produced in North Dakota. Rigzone also reported Nov. 6 that Ukraine struck a sixth Russian oil refinery in a week. Refinery damage can influence product flows, refining capacity and trade patterns in nearby markets. While the source summary does not specify which plant was hit or the scale of the...

☀️Morning Wire·Nov 9