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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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Afternoon Energy Market Briefing Wednesday, October 14, 2026

1. Headlines

Oil prices rose today, with WTI gaining 1.01% (+$0.95) to $95.09, while Brent crude settled at $105.97 (+$0.26), according to Rigzone. The move was attributed to mounting global supply risks and rising shipping costs. The market is digesting reports of a major LNG deal and heightened conflict in a key oil transit chokepoint.

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