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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Date: Tuesday, September 1, 2026 To: Bakken Wire Readers Subject: Afternoon Energy Market Briefing

1. Headlines

Oil prices surged over 5% today. As of 4:16 PM ET, WTI crude was trading at $90.84 per barrel, a gain of $5.08, while Brent crude was at $95.28, up 5.9%. Rigzone attributes the move to "renewed tensions" and "escalating US-Iran hostilities" threatening a tight global market. Week-over-week, WTI is up nearly $9 per barrel.

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