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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
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Energy Market Briefing: Midday, Saturday, October 10, 2026

1. Headlines

Oil prices are holding steady at elevated levels midday Saturday, with WTI at $91.85 and Brent at $104.72, according to price data. The modest daily gains are set against a backdrop of competing bullish and bearish supply news. On the bullish side, Hurricane Isaias has forced the shutdown of 71.51% of U.S. Gulf of Mexico oil production, or nearly 1.46 million barrels per day, as reported by the Marine Minerals Administration. Simultaneously, news from Rigzone notes ongoing military attacks on Russian refineries by Ukraine, with a fourth facility reportedly hit this week, continuing to threaten global refined product supply.

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