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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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Energy Market Briefing Wednesday, September 23, 2026

1. Headlines

Oil prices are surging at midday, with WTI crude up $2.03 to $92.55 per barrel and Brent climbing $2.63 to $98.04. The rally follows a significant data point from the U.S. Energy Information Administration (EIA), which, according to Rigzone, raised its U.S. crude oil production forecasts for both 2026 and 2027 in its latest Short-Term Energy Outlook. Macquarie strategists, also cited by Rigzone, have labeled this a "critical week for oil."

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