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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Date: Thursday, April 16, 2026

1. Headlines

Oil prices are holding firm this morning, with WTI at $88.48 and Brent at $95.67. As reported by Rigzone, analysts note the market is digesting a pullback from recent war-driven panic levels. Prices are finding support from a reported U.S. inventory draw, per unnamed sources, which offset ongoing geopolitical uncertainty.

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