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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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Daily Energy Market Briefing Saturday, May 23, 2026

1. Headlines

Oil markets are holding firm this morning with Brent crude maintaining its perch above $100 per barrel. According to Rigzone, prices remain volatile, swinging on headlines regarding potential peace negotiations with Iran. This follows a supportive U.S. inventory report from the Energy Information Administration (EIA) showing a nearly 8-million-barrel drawdown in commercial crude stocks for the week of May 15.

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