
Energy Market Briefing
Bakken Wire — Friday, November 13, 2026
1. Headlines
Crude traded modestly higher. WTI settled at $89.06, up $0.32 or 0.36%, while Brent was $96.26, up $0.44 or 0.46%. Natural gas slipped to $3.24, down $0.10, and the Bakken differential was -$3.42 vs. WTI. Rigzone reported Brent settled near $96 as Middle East supply risks offset signs of an oil surplus. OilPrice.com reported Baker Hughes total U.S. rigs fell 3 to 601, oil rigs held at 463, gas rigs dropped 4, and miscellaneous rigs rose 1 to 11. The Permian added 2 rigs to 275. OilPrice.com also said EIA weekly crude output hit a new record of 14.013 million bpd for the week ending November 6, up 151,000 bpd year over year, while Primary Vision frac crews rose 4 to 195.
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