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

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
Listen
0:00 / 5:13

ENERGY MARKET BRIEFING Monday, September 7, 2026

1. HEADLINES

Oil prices held steady today, with WTI flat at $91.48 and Brent at $96.28. The Bakken differential to WTI was -$3.42. The most prominent price-related news comes from an analyst call: Goldman Sachs Group Inc. flagged the risk of oil rallying to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Rigzone.

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

Related Articles

Global Markets

Russian Oil Flow to India Faces Tariff Threat, Ukrainian Attacks

Russia has vowed to remain India's key crude oil supplier despite a U.S. legislative push to impose heavy tariffs on buyers of Russian oil, according to an interview published Monday by OilPrice.com. Russia's Ambassador to India, Denis Alipov, criticized the proposed U.S. legislation as a "bill from hell" that uses "pressure tactics instead of honest cooperation." The bill, which passed the Senate 86-11, would grant the U.S. President authority to impose 100% tariffs on major buyers of Russian oil and gas, but it is currently deadlocked in the House of Representatives. Analysts cited by OilPrice.com say it is unlikely the tariff bill will pass the House before the mid-term elections in November. Ambassador Alipov asserted Russia's ongoing role in the market, stating, "The world will not cope if Russian oil is excluded. The energy markets cannot afford that. Russian oil will stay in the market for India and other countries."...

🌅Afternoon Wire·Sep 7
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Date: Monday, September 7, 2026 To: Bakken Wire Subscribers Subject: Midday Market Briefing: Diplomatic Shifts and Price Steadiness 1. Headlines Oil markets are holding steady midday, with WTI flat at $91.48 and Brent flat at $96.28, according to price data. The Bakken differential to WTI is currently -$3.42. No price-moving data releases, such as EIA or API reports, are noted in today's feed. Headlines today are dominated by geopolitical and diplomatic developments. OilPrice.com reports that the Trump administration has revived its Ukraine peace push, with envoys shuttling between Moscow and Kyiv over the weekend. While talks were described as "constructive," former U.S. ambassadors caution that significant obstacles remain. Separately, Rigzone reports that Ukraine has restarted attacks on oil processing plants deep inside Russia, hitting sites in the Perm region and Tatarstan overnight. On the supply side, Rigzone notes that seven OPEC+ members, including Saudi Arabia and Russia, have revealed their...

🔆Midday Wire·Sep 7
Global Energy Shifts Signal Potential Long-Term Pressure on Oil Prices - Bakken Wire
Global Markets

Global Energy Shifts Signal Potential Long-Term Pressure on Oil Prices

Geopolitical shifts in global energy markets, including nuclear power developments in Central Asia and rising oil production ambitions in the Middle East, present a complex long-term backdrop for Bakken crude prices and North Dakota operators. According to a report from OilPrice.com, Uzbekistan is scaling back nuclear cooperation with Russia's state nuclear entity Rosatom. A September 2 statement from the Uzbek presidential press service omitted any mention of Rosatom while endorsing a new international consortium to oversee the construction of the country's first nuclear plant. This move signals fraying trust in Russian energy partnerships and a potential pivot toward Western technology, including U.S. small modular nuclear reactors (SMRs), following meetings between Uzbek President Shavkat Mirziyoyev and U.S. officials. Separately, Iraq's new Prime Minister Ali al-Zaidi has announced plans to raise the country's oil production to between 8 million and 10 million barrels per day within six years, as reported by OilPrice.com....

🔆Midday Wire·Sep 7