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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Energy Market Briefing Tuesday, October 13, 2026

1. Headlines

Oil prices are retreating this morning after recent gains, with Brent crude trading at $105.18, down $1.47, and WTI at $92.54, down $1.20. According to reports from OilPrice.com and Rigzone, the pullback follows reassurances from Saudi Energy Minister Prince Abdulaziz bin Salman, who stated the Kingdom's energy supply remains resilient and that Riyadh is the "capital of energy security." This comes amid headlines of escalating regional conflict, including Saudi Arabia intercepting Houthi ballistic missiles early Tuesday.

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