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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 Friday, October 23, 2026

1. Headlines Oil prices are holding firm today. WTI crude is up 1.23% to $100.69, while Brent crude has gained 1.03% to $109.78. According to Rigzone, Brent reached an intraday high of $114 per barrel on Friday, following a reported 4% surge after deadly attacks in Saudi Arabia. The market is balancing these Middle East risks against fleeting hopes for diplomatic talks, as noted by OilPrice.com, which described a volatile week where prices swung between a high of $101.37 and a low of $95.25 on peace-talk headlines before recovering.

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