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The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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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.

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