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The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
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Energy Market Briefing Friday, October 9, 2026

1. Headlines

Oil prices are holding near multi-year highs in midday trading. WTI crude is at $91.88 per barrel, up 0.43%, while Brent is at $104.48, up 0.19%. The Bakken differential to WTI is $-3.42. According to Rigzone, these gains follow a significant surge yesterday, described as crude's biggest gain in a month, driven by escalating Middle East tensions and hurricane-related production cuts in the Gulf of Mexico.

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