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The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Afternoon Energy Market Briefing for Bakken Wire Wednesday, November 11, 2026

1. Headlines

Oil prices are mixed today, with Brent crude rising 1.26% to $92.64 while WTI posted a more modest 0.5% gain to $86.47. Natural gas dipped slightly to $3.25. According to Rigzone, this price action follows a prior session where crude extended its decline on growing diplomatic hopes for peace and recovering Persian Gulf oil flows. A separate Rigzone report notes U.S. gasoline prices have fallen below $4 per gallon for the first time since August, though a GasBuddy blog cited in the report states the midterm elections were not the cause.

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