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 / 4:20

Midday Energy Market Briefing Sunday, October 25, 2026

1. Headlines

Oil prices are sharply higher today. Brent crude is at $111.7 per barrel, a gain of 2.8%, and WTI is at $103.27, up 3.82%. Market sources, including Rigzone, attribute the rise to escalating attacks on Saudi Arabia heightening fears of Middle East supply disruptions. The gains follow a report that Brent had topped $116 earlier in the week.

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

The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Daily Energy Market Briefing Sunday, October 25, 2026 1. Headlines Oil prices are sharply higher this morning, with WTI crude trading at $103.27, up $3.80 or 3.82%, and Brent crude at $111.70, up $3.04 or 2.8%. According to Rigzone, Brent had topped $116 earlier in the week as escalating attacks on Saudi Arabia heightened fears of Middle East supply disruptions. Natural gas is trading lower at $3.05, down $0.11. The dominant story in the market is a historic crisis in global shipping. OilPrice.com reports that record-high tanker rates, driven by the ongoing Iran war, are crippling the flow of U.S. crude oil to Asia. The cost to ship a supertanker from the U.S. Gulf Coast to Asia reportedly soared to $80 million earlier this month and remains around $60 million, roughly ten times pre-war averages. Citing anonymous traders, the report states Asian refiner orders for U.S. crude for November delivery...

☀️Morning Wire·Oct 25
Global Markets

Syria Energy Rebuild Adds Middle East Supply Variable for Bakken

A potential recovery in Syria’s oil and gas sector, reported by OilPrice.com, is introducing a new Middle East supply variable into global crude markets, with implications for North Dakota producers and royalty owners. According to OilPrice.com, Syria is undergoing countrywide reconstruction after more than a decade of conflict that damaged infrastructure and displaced millions. The transitional government led by President Ahmed al-Sharaa, formed on March 29, 2025 after the Assad regime ended, has prioritized institutional reorganization, security integration, economic stabilization and transitional justice ahead of planned national elections in 2030. Energy has been central to those plans. OilPrice.com reported the transitional government has taken control of Syrian energy assets including the Omar oil field and the Tabiyeh gas complex. For years, Syria’s energy sector was split because Damascus sat far from the oil-rich northeast, while the government retained oversight of gas output in central Syria but lost control of some...

☀️Morning Wire·Oct 25
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

DAILY ENERGY BRIEFING Saturday, October 24, 2026 1. Headlines Oil prices are sharply higher today, with WTI crude closing at $103.27 per barrel, up 3.82%, and Brent crude at $111.70, up 2.8%. According to Rigzone, the price climb is being attributed to escalating attacks on Saudi Arabia, which have heightened fears of Middle East supply disruptions. Natural gas prices edged lower to $3.05, while the Bakken differential to WTI stands at -$3.42. Market reports today highlight a significant supply squeeze in Asian fuel markets. OilPrice.com reports that high-sulphur fuel oil (HSFO) in Singapore is now trading at a premium to its crude feedstock, a dramatic reversal from its typical discount, due to disrupted supplies from the Middle East and Russia alongside resilient bunker demand. Separately, Rigzone notes that Germany has stated it will seek to stem the loss of oil refining capacity within its borders. In other news, a political...

🌅Afternoon Wire·Oct 24