WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
Listen
0:00 / 6:46

Date: Friday, September 4, 2026

1. Headlines

Global crude benchmarks are holding near multi-month highs today, with WTI at $90.82 and Brent at $95.14, though both are slightly down from yesterday's settlement. The primary driver cited across reports from OilPrice.com and Rigzone is the ongoing conflict between the U.S. and Iran, which is keeping the oil market on edge and supporting prices despite some signals of easing physical tightness.

Create a free account to continue reading

Sign up for free to get full access to Bakken Wire's daily energy market analysis, audio briefings, and more.

Create Free Account

Already have an account? Sign in

Share this article

Related Articles

The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Energy Market Briefing Monday, October 19, 2026 1. Headlines Oil prices are retreating in early trading today. As of this morning, WTI crude is down 0.83% to $98.2 per barrel, and Brent crude is down 1.32% to $108.41, according to price data. Natural gas shows a slight gain, up $0.04 to $3.15. The Bakken differential to WTI stands at -$3.42. The financial press is focused on the aftermath of a protest at a major LNG project. OilPrice.com reports that Woodside Energy has resumed work at its Scarborough LNG project offshore Australia after two Greenpeace activists were removed from the platform over the weekend. The activists were charged with interfering with offshore petroleum operations, an offence carrying a maximum penalty of 10 years’ imprisonment. Woodside stated the protest caused a pause in commissioning work and may prompt a postponement of the project's start-up, which was targeted for the fourth quarter of...

☀️Morning Wire·Oct 19
Global Markets

Global Energy Shifts, Policy Moves Shape Bakken Outlook

Global energy dynamics, from China's coal markets to U.S. foreign policy, are creating a mixed set of fundamentals for Bakken operators and North Dakota's oil economy. China's coal production slumped 6.8% year-over-year in September, according to data reported by OilPrice.com. While monthly production increased from August, the annual decline and a 1.4% drop in thermal power generation signal potential stress in the world's largest energy market. With winter approaching, demand for heating is expected to rise. China's spot thermal coal prices have rallied 24% since mid-July due to tighter supply, partly driven by safety-related mining suspensions. This coal crunch has broader implications. The International Energy Agency expects global coal demand to rise to an all-time high this year, as reported by OilPrice.com. A "war premium" on liquefied natural gas (LNG) is dampening demand for the cleaner fuel, making coal more competitive. For Bakken producers, sustained high global coal demand and...

☀️Morning Wire·Oct 19
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Energy Market Briefing Sunday, October 18, 2026 1. Headlines Oil markets are holding steady at elevated levels, with Brent crude at $109.86 and WTI at $99.02, according to price data from today. The primary focus remains on mounting supply risks in the Middle East, with Rigzone reporting that Brent recently hit $110 as tensions rise. The International Energy Agency (IEA) has agreed to complete the release of an outstanding 100 million barrels of oil from a March intervention, as reported by Rigzone on October 16. Beyond crude, the disruption in the Strait of Hormuz is creating a severe squeeze on shipping fuel. OilPrice.com reports today that constrained high-sulfur fuel oil (HSFO) supplies, exacerbated by the Hormuz crisis and Ukrainian attacks on Russian refineries, are threatening global shipping logistics and profitability. On the demand side, Rigzone notes that Oxford Economics suggests India may raise fuel prices moderately in November ahead of...

🌅Afternoon Wire·Oct 18