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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 Briefing Sunday, September 6, 2026

1. Headlines

Oil prices are holding near multi-week highs to start the week. As of midday, WTI crude is trading at $91.48 per barrel, up a modest $0.18, while Brent crude is at $96.28, up $0.76. According to Rigzone, oil ended the previous week 9.7% higher as renewed fighting between the U.S. and Iran kept supply risks elevated. Supporting this bullish sentiment, the U.S. Energy Information Administration (EIA) reported a weekly drawdown in crude oil stocks, which stood at 424.5 million barrels as of August 28.

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