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

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
Listen
0:00 / 4:33

Energy Market Briefing Saturday, September 19, 2026

1. Headlines

Oil prices are down for a third consecutive session. As of today, WTI crude is at $96.08, a loss of $1.15, while Brent sits at $99.29, down $0.64. According to Rigzone, the decline is attributed to easing fears over Saudi Arabian supply following last week's attack on the East-West pipeline. The report states that while risks around the Strait of Hormuz persist, improving pipeline flows are providing some market relief.

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

Global Shipping Chaos, Fuel Shortages Intensify Bakken's Market Role

Global energy trade is facing severe disruption, increasing demand and logistical costs for U.S. exports from regions like the Bakken, according to reports. The crisis stems from ongoing Middle East tensions and is now impacting key global shipping chokepoints. The Strait of Hormuz disruptions have rerouted energy traffic, causing shipping costs to soar to record highs. Some vessel operators are paying $4-5 million in an auction to secure a single passage through the Panama Canal, according to OilPrice.com. The median auction price before the conflict in Iran broke out in February was around $55,000. For vessels without booked slots, the waiting time to transit the Panama Canal is now 17 days, compared to just two days in February. This chaos is being felt directly at America's trade gateways. Traffic and fees at the Panama and Suez Canals have jumped this year due to higher demand for vessel slots. The Panama...

☀️Morning Wire·Sep 19
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Date: Friday, September 18, 2026 1. Headlines Oil prices are down sharply today. WTI crude fell 1.89% to $95.39, and Brent crude fell 1.26% to $98.67, according to price data. The move is attributed to reports of improved Saudi pipeline flows, as reported by Rigzone, though uncertainty over the Strait of Hormuz persists. Natural gas held flat at $2.9. In Washington, Congress gave final approval to a bill granting President Donald Trump new powers to impose tariffs on countries that purchase Russian petroleum products, as reported by Rigzone. Global shipping costs are exploding, with record fees being paid at the Panama Canal due to a combination of Middle East disruptions and drought-related capacity cuts, according to a detailed report from OilPrice.com. The weekly rig count shows mixed activity. North America's total count fell by 6 to 792, driven by a decline in Canadian oil drilling, per Baker Hughes data reported...

🌅Afternoon Wire·Sep 18
Global Markets

Global Shipping Chaos, New Sanctions Law Reshape Bakken Export Outlook

Global shipping disruptions stemming from the Middle East crisis are driving record transit costs at key canals, adding complexity and expense to Bakken crude exports. Meanwhile, new U.S. legislation could impose tariffs on nations buying Russian oil and gas, a move with implications for global energy competition. According to OilPrice.com, traffic and fees at the Panama and Suez Canals have jumped this year due to rerouted trade from disruptions at the Strait of Hormuz and Bab el-Mandeb. This has hiked crude and petroleum products crossings at the Panama Canal as Asia seeks U.S. supply not trapped in the Middle East. The cost to secure a passage has exploded, with some vessel operators paying $4-5 million in an auction for a single Panama Canal slot. South Korea’s SK Gas reportedly paid $5.3 million for a September 1 passage. The Panama Canal Authority has also capped daily transits due to drought, reducing...

🌅Afternoon Wire·Sep 18