
Energy Market Briefing
Afternoon Energy Market Briefing Date: Wednesday, September 23, 2026
1. Headlines
Oil prices surged today, with Brent crude rising 3.15% to $98.42 and WTI gaining 2.46% to $92.75. According to Rigzone, the price action is being attributed to swirling talk of a potential U.S. diesel export ban pushed by President Donald Trump, which sent European diesel prices soaring. Concurrently, ongoing tight fuel supplies and risks in the Strait of Hormuz were cited as contributing factors.
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