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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, October 19, 2026

1. Headlines

Oil prices are hovering near multi-month highs amidst sustained geopolitical tensions. As reported by Rigzone, Brent crude remained near $110, though technical resistance capped further gains. WTI traded lower at $98.41. The market's focus remains squarely on the Middle East, where Iran's main oil-loading terminals have remained empty for weeks, according to Rigzone.

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