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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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Bakken Wire Energy Market Briefing Saturday, August 22, 2026

1. Headlines

Oil prices are edging higher this morning, with Brent crude trading above $94. According to reports from Rigzone, the rally is being driven by ongoing conflict-related supply fears from Iran and signs of strengthened Asian demand. The market is also digesting headlines that the U.S. is targeting Iran's economy with new measures, as reported by a single unnamed source at Rigzone. Concurrently, Rigzone reports that U.S. refiners are facing a potential import crunch from a top foreign crude supplier, though the specific country is not named in the available summary.

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