WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
Listen
0:00 / 4:09

DAILY BRIEFING | Tuesday, September 15, 2026

1. Headlines Oil prices surged today, with WTI crude up over 3.5% to trade near $105 and Brent topping $108. The primary catalyst is a physical supply disruption: Saudi Arabia's 7-million-barrel-per-day East-West pipeline remains shut down following a September 10 drone attack, according to multiple reports. This outage is now impacting European refiners, with Saudi Aramco canceling or delaying late-September crude cargoes, as reported by Argus market sources cited by OilPrice.com. The disruption is also cited as a key driver behind a record-breaking rally in China's yuan-denominated crude oil futures.

Create a free account to continue reading

Sign up for free to get full access to Bakken Wire's daily energy market analysis, audio briefings, and more.

Create Free Account

Already have an account? Sign in

Share this article

PostShareShareEmail

Related Articles

Global Markets

Ukraine-Russia Energy Strikes Continue, Adding Volatility to Oil Markets

Continued strikes on Russian and Ukrainian energy infrastructure are injecting fresh volatility into global oil markets, a key concern for Bakken producers who rely on stable prices. Overnight on September 14-15, attacks hit a gas station and warehouse facilities in Kyiv and reportedly struck near oil refineries in Russia's Samara region, according to OilPrice.com. This escalation occurred just hours after U.S. President Donald Trump claimed on September 14 that the two nations had agreed not to target each other's energy facilities. In a post on Truth Social, Trump stated, "Ukraine has agreed not to hit Russian Energy targets. Russia has agreed to do, likewise!" However, Ukrainian President Volodymyr Zelenskyy later clarified that Kyiv's readiness to stop strikes was conditional on allies ensuring Moscow would cease its own attacks on Ukrainian energy and critical infrastructure. Monitoring Telegram channels reported a fire visible in the industrial area of the Syzran oil refinery...

🔆Midday Wire·Sep 15
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Energy Market Briefing Tuesday, September 15, 2026 1. Headlines Oil prices are rising today, with WTI up nearly a dollar to $102.38 and Brent gaining slightly to $101.15, according to price data. The primary driver cited across reports is the ongoing outage of Saudi Arabia's critical East-West oil pipeline following drone attacks last week. Multiple sources, including OilPrice.com and Rigzone, report that the pipeline, which normally exports about 4 million barrels per day from the Red Sea, is shut down. Unnamed regional officials told The Associated Press that repairs could take three to five weeks, though Saudi Arabia has not officially confirmed this timeline. Natural gas prices are relatively flat at $2.89, but the LNG market remains volatile due to the prolonged Middle East conflict. OilPrice.com reports that Asian spot LNG prices recently hit their highest level since 2022, as the war in Iran and closure of the Strait of...

☀️Morning Wire·Sep 15
Global Markets

Global LNG Deals Add Competition for Bakken Natural Gas in Europe

New liquefied natural gas (LNG) supply deals announced Monday are set to increase competition for U.S. gas exports, including production from North Dakota's Bakken formation, in the key European market. Malaysian state-owned Petronas agreed to supply LNG to Greek energy company Metlen, according to Rigzone. The gas will be sold by Metlen in Greece and neighboring Southeast European countries. Separately, Ukraine's state-owned Naftogaz signed a memorandum of understanding with Canada's Kino Aski LNG for potential long-term LNG supply from a proposed Canadian project to Europe, Rigzone also reported. These developments underscore the ongoing global race to secure stable, non-Russian natural gas supplies for Europe. Since the war in Ukraine began, U.S. LNG exports have surged to help fill the continent's energy gap. Bakken operators have benefited indirectly from this elevated global demand, which supports stronger natural gas prices and provides a market for the region's associated gas production. However, the...

☀️Morning Wire·Sep 15