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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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Afternoon Energy Market Briefing Tuesday, September 15, 2026

1. Headlines

Oil prices are sharply higher today, with WTI crude up $4.25 to $105.64 and Brent crude gaining $2.88 to $108.56. According to Rigzone, the primary catalyst is supply disruptions in Saudi Arabia and Libya. In Saudi Arabia, the East-West Pipeline was subjected to multiple attacks and subsequently shut down, as confirmed by a statement from the Saudi Ministry of Energy. Concurrently, a new defense alliance—the Makkah Defence Alliance comprising Saudi Arabia, Turkey, and Pakistan—has issued a warning to Iran over Houthi attacks on Saudi territory, according to OilPrice.com.

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