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The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Energy Market Briefing Wednesday, October 21, 2026

1. Headlines

Oil prices showed a mixed performance today. According to price data, Brent crude rose by $0.64 to settle at $109.43 per barrel. In contrast, WTI crude fell by $0.32 to $97.50. This divergence widened the Brent-WTI spread to nearly $12. The Bakken differential to WTI was reported at -$3.42. Natural gas prices fell sharply, down $0.19 to $2.77. A Rigzone wire report attributes oil price gains to a "deadly Saudi oil field attack and Gulf embassy concerns."

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