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WTI futures were quoted at $90.83 per barrel on November 7, while Brent was nearly flat at $98.32 and natural gas rose to $3.00 per MMBtu. Bakken crude’s discount to WTI at Clearbrook narrowed to $3.42 per barrel.
Ongoing OPEC+ production cuts were cited as support for crude prices.
OPEC+ supply restraint supports crude benchmarks, while the narrower Bakken discount improves realizations for regional producers. The article describes higher energy prices, which can raise feed, fertilizer, and transport costs at the margin.
bakkenwire.comNov 7, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
