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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
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Daily Energy Market Briefing Thursday, September 3, 2026

1. Headlines

Oil prices are holding near multi-week highs today, with WTI crude at $91.20 and Brent crude at $95.48, according to midday pricing data. The primary focus across financial and energy media is on surging fuel prices and their broader economic impact. OilPrice.com reports that U.S. diesel prices hit $5.7832 per gallon, just three cents shy of the all-time record set in June 2022, with analysts warning the record could fall by Labor Day. The cited reasons are tightening global distillate supply due to conflicts in the Middle East and Russia, coupled with seasonal harvest demand.

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